PepsiCo to Trian: The answer is still no
date:Mar 03, 2014
the company separate its global snacks and beverage segments into two independent companies.

Trian believes the decision is one for shareholders, and it will immediately begin to engage fellow shareholders in a public dialogue with the goal of creating a groundswell of support for a separation of snacks and beverages, the investment firm said. Trian hopes to facilitate positive change at PepsiCo with the power of the argument.

In his response, Mr. Cook noted that Trians latest recommendation c
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