date:Mar 17, 2014
siCo is bloated with billions of excess overhead costs that could be invested in beverage brands like Pepsi-Cola that have suffered from years of underspending to mask slowing growth and shrinking market share, Trian wrote. Atlanta-based Coca-Cola Co. (KO), meanwhile, has increased its share and outmaneuvered PepsiCo with greater innovation in products and packaging, Peltz said in the interview. Frito-Lay also would benefit from an independent management team, he said.
Trian asked for detail ab