date:Feb 21, 2014
nancial resources analyzing Trians proposals. Management and the board have spoken clearly, and our focus is on delivering results for our shareholders, not new, costly distractions that will harm shareholder interests.
PepsiCo mentioned proposals that came in a Trian Fund Management white paper issued last July. It also recommended splitting PepsiCo into a beverage company and a snacks company.
PepsiCo addressed those concerns Feb. 13 when giving its fiscal year results. PepsiCo said after a