Elliott Management looks to put fizz back into Pepsi with $4B stake — as it presses for a turnaround – Bundlezy

Elliott Management looks to put fizz back into Pepsi with $4B stake — as it presses for a turnaround

The Wall Street Journal first broke the news on Tuesday of Elliott’s position, now one of the soda maker’s biggest-ever investors, that helped push shares in PepsiCo 5% higher in premarket trading.

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