Campbell’s Soup Faces Uncertain Future Amid Debt and Internal Conflict
Campbell’s Soup, a beloved American brand, is at risk of closure due to shifting consumer preferences for natural foods and a $9 billion debt from acquisitions. Internal strife between major shareholders—Dorrance family and hedge fund manager Daniel Loeb—has worsened the situation, with Loeb advocating for major changes and rebranding, opposed by the Dorrance family. Despite … Read more