Campbell Soup Co.'s largest shareholders, the Dorrance family, have made an announcement that could potentially tip the scales in Campbell's favor in an ongoing proxy battle.
Bennett Dorrance, Mary Alice Dorrance Malone, Archbold van Beuren and Charlotte C. Webber — descendants of Campbell condensed soup inventor John T. Dorrance — separately notified Board Chair Les C. Vinney they intend to vote for the incumbent board of directors at the company's Nov. 29 annual meeting of stockholders.
