Campbell Soup wants to drop 'soup' from its name. Here's why.

After 155 years, Campbell Soup Company (CPB) wants to make a historic change to its name. The company wants to drop the word "soup" and become The Campbell’s Company. The change is pending shareholder approval. Why make this sort of big change? The company wants people to know it has a lot more to offer than just soup.

Yahoo Finance senior reporter Brooke DiPalma explains the name change and how a saucy acquisition is changing things for the company.

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This post was written by Stephanie Mikulich.