More analysis on the rumored PepsiCo (PEP) - Mondelez International (MDLZ -0.8%) combination...

|About: PepsiCo Inc. (PEP)|By:, SA News Editor

More analysis on the rumored PepsiCo (PEP) - Mondelez International (MDLZ -0.8%) combination (previous): JPMorgan's John Faucher is a major skeptic that PepsiCo will be willing to merge Frito-Lay with Mondelez even with activist investors on the scene. The analyst notes a tax-advantaged Reverse Morris Trust transaction is unlikely due to the size of the potential deal while an outright buy of MDLZ would be too pricey.