"(Reuters) - Trian Fund Management's Nelson Peltz said on Wednesday he has amassed a "big stake" in chemicals maker DuPont and that PepsiCo Inc should acquire Oreo cookie maker Mondelez International Inc .
Shares of DuPont rose 4.8 percent on Peltz's statement, made at the CNBC Institutional Investor Delivering Alpha Conference.
Peltz declined to comment on his position. He has a $2.7 billion stake in both Pepsi and Mondelez combined, and said he wants PepsiCo Inc to buy Mondelez for $35 to $38 a share."
I have a few old PEZZ Candy Dispensers to sell you. I am not impressed with the Peltz announcement at all and this stock will make a correction from today's moves. Smart