CORPORATIONS: Soup the Breadwinner

When Connecticut Housewife Maggie Rudkin started baking her homemade bread for sale to her neighbors in 1937, she used stone-ground flour and only the best ingredients, rightly thought she ought to! get a fancy price for it. She did. By this year her Pepperidge Farm bread had grown into a $32 million business, and when Campbell Soup wanted to buy it. once again she thought she ought to get a good price. She did. Last week Campbell announced that it would exchange 357,413 shares of its common stock, worth some $28,200,000 for the...

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