The Battle for Pepsi’s Future: Elliott Management Pushes for PepsiCo Shakeup
PepsiCo has slipped to third place in the soda wars behind Coca-Cola and Dr Pepper. Now, activist investor Elliott Management has built a $4 billion stake and is demanding major changes. Here’s what’s at stake. Introduction: Pepsi’s Make-or-Break Moment PepsiCo, one of the world’s most iconic brands, is facing a crisis of identity and performance. … Read more