CNBC's David Faber reports Nelson Peltz's Trian Fund was in Pepsi (PEP) just for a short-term...

|By:, SA News Editor

CNBC's David Faber reports Nelson Peltz's Trian Fund was in Pepsi (PEP) just for a short-term trade and no longer has a stake. This kills the idea that Peltz was going to push for value-increasing break-up of the company. Shares -2.2%.