Nelson Peltz Rumored to Take Stake in Pepsico (PEP) and Mondelez (MLDZ)
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Inside a Potential Pepsico (PEP) Split
March 26, 2013 11:01 AM EDTOn Friday shares of Pepsico (NYSE: PEP) climbed on reports Nelson Peltz purchased a stake in the company. This fueled speculation about a spit-up and/or merger with Kraft spin-off Mondelez International (Nasdaq: MDLZ), which might also be owned in part by Peltz. Pepsico (NYSE: PEP) declined to comment and a... More
PepsiCo (PEP) Won't Comment on Peltz Speculation, Sees No Need for Large-Scale M&A
March 22, 2013 9:32 AM EDTPepsiCo, Inc. (NYSE: PEP) declines to comment on speculation that Nelson Peltz took a stake in the company. A spokesperson said the company does not see a need for large-scale M&A.
Shares are up in early trading Friday.... More
