Peltz Blasts PepsiCo Rejection Of Split In Letter
date:Mar 17, 2014
ution network by losing volume share to rivals. The letter also questioned spending $240 million renovating the Purchase corporate headquarters.

Closing offices in Purchase and Chicago would cut costs for the separated snacks and beverages businesses, Trian said.

Trian wants both companies to grow to their maximum potential, Peltz said in the interview. Right now, neither one is capable of doing that because they have an anchor around their necks thats called corporate.

Peltz also wants evide
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