Dive Brief: Elliott Investment Management has acquired a stake of approximately $4 billion in PepsiCo, with plans to push for changes at the food and beverage giant. The activist investor has outlined ways in which the company can boost revenue…
Tag:
activist
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Summary: Jana has been urging Lamb Weston to make operational changes and consider a sale, following its partnership with Continental Grain. They criticized the company’s leadership decisions, especially appointing an insider as CEO. Despite this, a sale seems unlikely now,…