Campbell Soup heirs unite against activist Dan Loeb
(WorldNews Business)

The heirs to the Campbell Soup fortune are circling the wagons against activist investor Dan Loeb. The Camden, NJ-based soupmaker announced Wednesday that four descendants of John Dorrance - the inventor of condensed soup and early owner of Campbell - intend to back the current board at next month´s shareholder meeting with the more than 40 percent of Campbell shares they control. The list includes Campbell board member Archbold van Bueren, a Dorrance heir who was until recently seen as a...