Seeking Alpha

Report: Peltz to back off Mondelez-PepsiCo merger push

  • Nelson Peltz will not push for a merger between PepsiCo's (PEP) snacks business and Mondelez International (MDLZ), according to Andrew Ross Sorkin.
  • Earlier today, Mondelez announced Peltz will be the newest addition to its board of directors.
  • MDLZ -0.5% premarket
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Comments (3)
  • jsijimmy
    , contributor
    Comments (499) | Send Message
     
    Brilliant! A little common sense in the board room....
    21 Jan 2014, 09:18 AM Reply Like
  • chopchop0
    , contributor
    Comments (4223) | Send Message
     
    Yet it's down today which is odd considering it has popped previously on Peltz's comments regarding a possible PEP merger
    21 Jan 2014, 09:32 AM Reply Like
  • notsosmart
    , contributor
    Comments (3345) | Send Message
     
    this can change.
    21 Jan 2014, 02:37 PM Reply Like
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