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Peltz Proposal: PepsiCo Should Buy Mondelez

According to numerous news outlets, so-called "activist investor" Nelson Peltz of Trian Fund Management is proposing that PepsiCo Inc. should buy Mondelez International. 

The deal would, in Peltz's view, boost PepsiCo's snack business. In addition, the investor says Pepsico's Frito Lay unit should be spun off. Read more of the story here.

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