PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management to reduce its US product lineup by 20% ...
Its popular array of snacks includes Lay’s, Cheetos, Doritos, and Funyuns, as well as drinks like Pepsi and Mountain Dew.
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PepsiCo rejigs exec team to accelerate growth
The changes come as the US group looks to improve its performance after pressure from activist investor Elliott Investment ...
PepsiCo is making the changes after prodding from an activist investor that has a $4 billion stake in the company.
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