Created Wed 15th Oct 6:53am PDT by 
reuters
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Will Heinz launch a bid for Campbell Soup in 2008?
Current forecast: 12% chance 
Combining all predictions, the current forecast is that this is 12% likely to happen (unchanged in last 1 day)
H.J. Heinz makes no secret of the fact that acquisitions are part of its strategy, especially in areas like emerging markets and health and wellness.
The company is still looking at “strategic acquisitions,” CFO Art Winkleblack told an investor conference. And the buffet of brands that Heinz can search from may never be larger.
The acquisitions Heinz cited were smaller ones that mostly added to existing categories. No reference was made to anything larger, like the comment Heinz CEO William Johnson made in August that Campbell Soup Co would be a “nice fit.”
See http://blogs.reuters.com/shop-talk/2008/10/14/hmmm-what-goes-well-with-ketchup/
The company is still looking at “strategic acquisitions,” CFO Art Winkleblack told an investor conference. And the buffet of brands that Heinz can search from may never be larger.
The acquisitions Heinz cited were smaller ones that mostly added to existing categories. No reference was made to anything larger, like the comment Heinz CEO William Johnson made in August that Campbell Soup Co would be a “nice fit.”
See http://blogs.reuters.com/shop-talk/2008/10/14/hmmm-what-goes-well-with-ketchup/
Settlement details:
Settled as yes if Reuters reports an official announcement of a bid
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Activity: H$1,265
Question suspends in 5 weeks
Suspend date: Wed 31st Dec 3:59pm PST (5 weeks to go)
Initial likelihoods: Yes: 10%
Action history:
Created Wed 15th Oct 6:53am PDT by reuters
reuters
Suspend date: Wed 31st Dec 3:59pm PST (5 weeks to go)
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Get widget!Predictions (7)
7 predictions
cognos![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
predicted Yes (H$333 at 12%)
growthy
infernalmachine![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin"){kind=icon}
predicted No (H$105 at 89%)
jenniandboys
cici
youbetComments (0)
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