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PepsiCo (PEP) thinks it can find growth by creating new liquid snacks. CEO Indra Nooyi told a...

PepsiCo (PEP) thinks it can find growth by creating new liquid snacks. CEO Indra Nooyi told a beverage industry conference the company has a whole pipeline of products that it can "drinkify" in the lab. Reading between the lines, the exec wasn't talking as if a spinoff of the snacks business was part of the grand plan.
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