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Nelson Peltz discloses stakes in Mondelez (MDLZ) and PepsiCo (PEP), following earlier reports...

Nelson Peltz discloses stakes in Mondelez (MDLZ) and PepsiCo (PEP), following earlier reports the billionaire could be pushing for a merger of the food giants, and PEP says it has held meetings with Peltz's Trian Fund Management in recent weeks to consider its "ideas and initiatives" for long-term growth. Trian says it owned 3.9M PEP shares and 19.4M shares in MDLZ as of Dec. 31. MDLZ +2.3%, PEP +0.8% premarket.
Comments (5)
  • Michael Bryant
    , contributor
    Comments (5436) | Send Message
     
    Does this mean (PEP) will eventually spin-off its snack business with the merged (MDLZ) business?
    19 Apr 2013, 11:24 AM Reply Like
  • magi48
    , contributor
    Comments (169) | Send Message
     
    There was some talk that PEP could spin off their snacks division to concentrate on the beverage side only.
    19 Apr 2013, 12:00 PM Reply Like
  • Sunshine123
    , contributor
    Comments (626) | Send Message
     
    Offhand, I do not see Pepsico spinning off its snacks business
    period. I could be wrong. But they are not making money with the
    beverages. Coca Cola is a formidable competitor.
    20 Apr 2013, 09:54 AM Reply Like
  • magi48
    , contributor
    Comments (169) | Send Message
     
    As long as Pepsi co can pay out a dividend, I'll keep the stock.
    24 Apr 2013, 07:21 PM Reply Like
  • Sunshine123
    , contributor
    Comments (626) | Send Message
     
    magi48, good luck with Pepsi. It is a great company.
    25 Apr 2013, 11:35 PM Reply Like
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