To that end, CNBC reported that Campbell's has engaged investment firm Goldman Sachs to investigate the possibility of selling off some of its businesses to help pay down growing debt that was created by the company's acquisition of Snyder's-Lance earlier this year. As consumers' tastes have changed and the demand for processed foods has declined in favor of more fresh options, Campbell's core soup sales have suffered over the past several years. After the Snyder's-Lance deal, the company formed a new snack division by merging the Charlotte, NC based company with its Pepperidge Farm division. However, it still reported a loss of $3.3 million in third quarter sales, compared to the same period the year before.