PepsiCo-Mondelez talk could heat up in January: dealReporter


Keep an eye on PepsiCo (PEP +0.2%) and Mondelez International (MDLZ +0.1%) next month, advises dealReporter.

Both companies have board nomination deadlines in January in front of annual board meetings. The development comes amid continued talk from Trian Fund Management that PepsiCo should spin off its snacks business to merge with Mondelez.

If a board battle breaks out, shares of both stocks could be active on renewed PEP-MDLZ merger talk.

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Comments (2)
  • notsosmart
    , contributor
    Comments (3416) | Send Message
     
    wow-joan crawford's ghost eating oreos.
    30 Dec 2013, 04:03 PM Reply Like
  • ChuckXX
    , contributor
    Comments (1740) | Send Message
     
    The best thing that could happen would be for Pep to spin off Frito as a separate company. Mondelez is another slow grower you won't capitalize on Fritos growth by merging with Mondelez.
    31 Dec 2013, 08:38 AM Reply Like
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