Nelson Peltz revives campaign to split up PepsiCo
date:Feb 21, 2014
Legg Mason Inc and diversified U.S. manufacturer Ingersoll-Rand PLC.

The investor had previously pushed PepsiCo to create a snack food giant by acquiring Oreo cookie maker Mondelez but dropped the idea after winning a seat on the Mondelez board last month.

Peltz said on Thursday PepsiCo continues to lose market share to Coca-Cola in the Americas where it has been consistently out-innovated and outmaneuvered, which is putting increasing and unnecessary pressure on the company's other divisions
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