date:Feb 21, 2014
ow of cash that could be returned to shareholders, Peltz said in a 37-page letter to PepsiCo's board made public on Thursday.
Some investors and experts sided with Peltz, whose investment fund has successfully advocated for break-ups and mergers at major food companies, even as PepsiCo executives defended their position.
The points that (Peltz) lays out ... are for the most part very valid and compelling and he makes a very good case for the potential split up of the businesses, said Kevin Dre