date:Mar 17, 2014
demands, with Cook saying in a letter last month that the proposal was financial engineering that would erode shareholder value.
Trian has met with eight of PepsiCos top 15 shareholders, Chief Investment Officer Ed Garden said yesterday in a phone interview. The fund will present its views to most of the biggest investors before starting town hall gatherings with smaller holders that Trian hopes will build support for its plan.
We dont go public like this very often, Garden said. In this case,