date:Mar 25, 2013
at saw it reinvest heavily in its brands. The company is under less pressure than it was a year ago when shares were stagnant, but at least one shareholder welcomed the news.
Anything that creates some urgency among PepsiCo's top management to maximize per share value is a very good thing, said Robert Sanborn, whose Chicago-based hedge fund Sanborn Kilcollin Partners owned roughly 220,000 PepsiCo shares at the end of 2012.
ON GUARD
Nelson Peltz is no stranger to the food industry, or to Pepsi