M&A  August 7, 2023

Campbell to buy Louisville-HQed Sovos Brands for $2.7B

Campbell Soup Co. (NYSE:CPB) will slurp up Sovos Brands Inc. (Nasdaq: SOVO) in a stock deal valued at about $2.7 billion, adding new ingredients to the food giant’s meals and beverages division.

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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