The New York Post reports that a boardroom brawl is erupting at PepsiCo (PEP) over whether the...

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

The New York Post reports that a boardroom brawl is erupting at PepsiCo (PEP) over whether the firm should split its snack and beverages divisions into two separate entities. The sharp division is one reason the board announced last week that it was putting off an investor update on its business plan until next year. Adding fuel to the spinoff fire is the revelation that Nelson Peltz - instrumental in the Kraft breakup - owns 2.3M shares of the company