Peltz is a typical "greenmail" con artist, in my opinion.
We have seen this happen to so many other companies. Some wealthy stockholder comes along, rattles the Board of Directors , makes demands, in the hopes of getting paid off just to shut him up. Remember Carl Icahn?
I have owned PEP since 1993 and I am very happy with the results of the company. Three stock splits. The spinoff of Tricon Global, Yum and continued Global Expansion.
The stock is up almost five fold, not counting dividends and not counting the YUM stock.
Nelson own approximately 25% of Wendy's. Over the last five years the stock has bounced around from four dollars to six dollars. No Growth, shrinking profits, unhappy franchises and flat sales at best.
Why in the hell doesn't he fix the restaurants and that company before he comes over to Pepsi and demands a break up and demands that they purchase another company.