Pepsi to cut product offering nearly 20% in deal with $4 billion activist Elliott

Pepsi to cut product offering nearly 20% in deal with  billion activist Elliott

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

The Purchase, New York-based company, which makes Cheetos, Tostitos and other Frito-Lay products as well as beverages, said…

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