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Elliott, PepsiCo

PepsiCo plans layoffs as it looks to wrap up Elliott talks

PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management that includes a 20% reduction in its US product lineup and a sharper focus on affordability, while the soda and snacks company also plans layoffs as part of cost reduction efforts.

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PepsiCo to Review Supply Chain, Lower Prices Amid Talks With Elliott Management

· 12h · on MSN

PepsiCo looking to review supply chain amid talks with Elliott Management, Bloomberg News reports

· 7h

PepsiCo to cut prices, eliminate products as part of a deal with an activist investor

PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday.

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PepsiCo announces review of N. America supply chain amid talks with Elliott Management

· 12h

PepsiCo to review supply chain amid talks with activist Elliott - report

PepsiCo reaches deal with activist Elliott to stave off proxy fight

The maker of Lay’s, Doritos and Pepsi cola announced the plans on Monday as part of a settlement agreement with Elliott, which will mean PepsiCo avoids squaring off against the investment firm in a costly drawn-out proxy contest.

4don MSN

Activist investor Elliott nears settlement with PepsiCo, WSJ reports

Activist investor Elliott Management is close to striking a settlement agreement with PepsiCo , the Wall Street Journal reported on Thursday, citing people familiar with the matter.