Trian Partners: PepsiCo should separate into two companies In a letter to the PepsiCo board, Trian Fund Management detailed why separating global snacks and beverages into two independent public companies is "the right long-term decision" Trian said it was highly disappointed by the ersults of the company's strategic review, and that it will immediately begin to engage fellow shareholders in a public dialogue with the goal of creating support for the separation of snacks and beverages.
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PepsiCo holders would benefit more from split up, Barron's says PepsiCo shareholders would benefit more if Pepsi and Frito-Lay were split, Barron's contends in its cover article. Cost cutting at both companies would offset synergies, the paper adds. Reference Link