Chicken noodle soup king Campbell just spent $2.7 billion to buy Rao ' s sauces

is back in the acquisition game — and this time it's for pricier pasta sauce. The king of chicken noodle soup said on Monday it would pay $2.7 billion — or $23 a share — to acquire Rao's pasta sauce maker Sovos Brands. The purchase price represents a 27% premium to Sovos Brands' closing price on…#sovosbrands #campbell #prego #yahoofinance #sovos #campbellsoup #markclouse #briansozzi #twitter #linkedin
Source: Reuters: Health - Category: Consumer Health News Source Type: news