Campbell said the request for additional information by the FTC was part of the agency's review of the transaction and was a common feature of a regulatory...
- Campbell Soup said on Monday its $2.33 billion acquisition of Rao's owner Sovos Brands was delayed until next year after the U.S. Federal Trade Commission asked for more details on the deal.
In August, Campbell agreed to buy the premium sauces maker to beef up its meals and beverages business and was expecting to close the transaction by the end of December. A number of deals in technology and consumer sectors have come under regulatory scanner for their potential role of reducing competition in violation of antitrust laws.A price cap on Russian oil aims to starve Putin of cash. But it's largely been untested.
Kevin Paffrath slammed Elon Musk's comments on Tesla's third quarter earnings call in an interview with Yahoo Finance this week.
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