Campbell nears deal to sell Bolthouse Farms to its former executive

Andrew Harrer | Bloomberg | Getty Images

Campbell Soup Co. soup cans and Bolthouse Farms juices are arranged for a photograph in Washington, D.C. 

Campbell Soup is nearing a deal to sell Bolthouse Farms to its former CEO for roughly half of what it paid for the carrot and juice company seven years ago, a person familiar tells CNBC.

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