Created Wed 15th Oct 2008 5:53am PST by

reuters Level 7, Pro (H$3,320)

Will Heinz launch a bid for Campbell Soup in 2008?

Settled as No

Heinz did not make a bid for Campbell Soup during 2008

Background:

Question created by

Background: 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/

Settlement details:Settled as yes if Reuters reports an official announcement of a bid

Forecast history %

Yes

93%

Settled as No on Wed 31st Dec 2008 5:40pm PST

Activity: H$11,925
Predictions: 19
Comments: 1

Suspend date: Wed 31st Dec 2008 3:59pm PST
Settlement date: Wed 31st Dec 2008 5:40pm PST
Prediction cut-off: Predictions on this question after Wed 31st Dec 2008 3:59pm PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 10%

Action history:

Created Wed 15th Oct 2008 5:53am PST by

reuters Level 7, Pro (H$3,320)

Suspended Wed 31st Dec 2008 3:59pm PST : Suspend date reached

Settled as 'No' Wed 31st Dec 2008 5:40pm PST by

bayoubear [Admin]

: Heinz did not make a bid for Campbell Soup during 2008

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Predictions (19)

46 weeks ago

andrewpmk Level 13, Psychic (H$76,028)

predicted No (H$100 at 93%)

46 weeks ago

paulkg Level 10, Genius (H$11,981)

predicted No (H$50 at 91%)

46 weeks ago

vidal1 Level 9, Expert (H$8,642)

predicted No (H$100 at 91%)

46 weeks ago

curios predicted No (H$1,120 at 90%)

46 weeks ago

rogerkni Level 15, Seer (H$437,448)

predicted No (H$3,000 at 89%)

Comments (1)

thepeoplegeekllc Level 13, Psychic (H$63,336)

I thought Campells soup was made of Heinz

posted 46 weeks ago

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