notice the candles before the announcement 12/18/17
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Campbell (CPB.N) will buy Cape Cod chips-maker Snyder‘s-Lance Inc (LNCE.O) for $4.87 billion in cash to combat sagging soup sales. Snyder‘s-Lance, the No. 5 U.S. healthy savory snacks maker, also owns brands such as Eatsmart veggie snacks. Campbell completed its $700 million acquisition of organic soup and broth maker Pacific Foods last week, when media reports first surfaced about a possible deal with Snyder‘s-Lance. [ well i missed that Most of the products made by Snyder‘s-Lanceclaim to have no artificial ingredients or transfats and come in dairy-free cheese and naturally sweet flavors that are popular among millennials.
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Campbell s soup charts linear log log , 1yr , support vs that down trend