Mergers and Acquisitions

Campbell Soup buys Rao's sauce maker for $2.7B

Campbell Soup announced Monday it will buy Sovos Brands for $2.7 billion, or $23 per share. Sovos's portfolio includes Rao's pasta sauce and Michael Angelo's frozen meals.

S&P 500 could top 5000 by end of 2023: J.C. Parets

All Star Charts founder J.C. Parets and RBC Capital Markets deputy chairman of global investment banking Larry Grafstein discuss the M&A landscape and reveal what stocks will drive the major indexes higher on 'The Claman Countdown.'

Lyft open to selling bike, scooter business

Lyft said Monday it might sell or find a strategic partner for its bikes and scooters unit as the ridesharing company races Uber for more share of the market.