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CAMDEN, N.J. — Campbell Soup Co. (NYSE: CPB) Tuesday announced it has completed the acquisition of Sovos Brands, Inc. for $23 per share in an all-cash transaction, which represents a
Sovos Brands, Inc. (NASDAQ:SOVO – Get Free Report)’s stock price hit a new 52-week high on Monday . The stock traded as high as $22.98 and last traded at $22.98, with a volume of 577293 shares changing hands. The stock had previously closed at $22.95. Wall Street Analysts Forecast Growth Separately, Telsey Advisory Group reaffirmed […]
The Sovos Brands portfolio consists of brands like Rao’s, Michael Angelo’s and noosa.
Strengthens and diversifies Campbell’s Meals & Beverages portfolio with additional high-growth brands including premium market-leading Rao’s sauce, along with Michael Angelo’s and...
Campbell Soup will set up a Distinctive Brands unit.