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As it happens, Heinz was acquired by Kraft in 2015 to form Kraft-Heinz, and Del Monte was acquired by a Filipino company and is a

As it happens, Heinz was acquired by Kraft in 2015 to form Kraft-Heinz, and Del Monte was acquired by a Filipino company and is a shadow of its former self. So only Campbells (Ticker: CPB) is still independent and thriving. Use the CPB pricing data provided on the supplemental spreadsheet and estimate a beta for Campbells over the entire 2005-2010 time period (use the daily data). What Is your estimate, and are you surprised by what you come up with? Hint: H. J. HEINZ: ESTIMATING THE COST OF CAPITAL IN UNCERTAIN TIMES Data for Figure 1 and CPB

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