Insiders Don't See Pepsi (PEP) / Mondelez (MDLZ) Deal

April 26, 2013 4:13 PM EDT
Pepsi (NYSE: PEP) is unlikely to buy Mondelez (Nasdaq: MDLZ), according to reports in dealReporter, citing sources. Rumors about a Pepsi / Modelez deal surfaced when investor Nelson Peltz was rumored to take a stake in both companies. dealReporter sources said Pepsi is likely to stick with "healthy" food and expressed concern about antitrust issues.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Mergers and Acquisitions, Rumors

Related Entities

Nelson Peltz

Add Your Comment