Focus: Some PepsiCo investors cautious of Elliott's plan to spin out bottling

Focus: Some PepsiCo investors cautious of Elliott's plan to spin out bottling

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Focus: Some PepsiCo investors cautious of Elliott's plan to spin out bottling

Summary

Some investors in PepsiCo support suggestions by activist shareholder Elliott Investment Management that the global food...

Some investors in PepsiCo support suggestions by activist shareholder Elliott Investment Management that the global food and beverage company cut costs and ditch sleepy brands like Quaker, but sound more cautious about the hedge fund's boldest idea - to hive off the soda maker's bottling network.