Activist Peltz Urges Merger of PepsiCo and Mondelez

Nelson Peltz’s Trian Fund Management has quietly amassed a stake of more than $2.7 billion in the two companies. He wants Pepsi to acquire Mondelez in an all-stock transaction worth $35 to $38 a share and then spin off its beverage business.
Source:DealBook» Food & Beverage

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