PepsiCo Inc

PEP: XNAS (USA)
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PepsiCo: Elliott Plan to Turn Around Firm's Lagging Performance Looks Cogent, but Execution Is Key

On Sept. 2, active investor Elliott Investment Management disclosed a $4 billion stake in PepsiCo and proposed a series of measures to the firm's management and board to boost PepsiCo's financial performance and share price. PepsiCo stock rose 2% on the news.

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