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Pepsi to cut product offering nearly 20% in deal with $4 billion activist Elliott | Fortune
In a joint statement, Elliott Partner Marc Steinberg said it is confident that PepsiCo can create value for shareholders as it executes on its new plan.
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ft.com
PepsiCo reaches deal with activist Elliott to stave off proxy fight
Soda and snacks maker will cut costs and reduce prices but investment firm will not get a seat on its board
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fortune.com
Pepsi to cut product offering nearly 20% in deal with $4 billion activist Elliott | Fortune
In a joint statement, Elliott Partner Marc Steinberg said it is confident that PepsiCo can create value for shareholders as it executes on its new plan.