Not exact matches
As
if Nooyi wasn't facing enough pressure, she soon had to contend with a major
activist investor: Nelson Peltz, who took a stake in the company and began agitating for PepsiCo to undo its merger of Pepsi and Frito - Lay, just as Kraft (KRFT) had spun off Mondelez after a similar campaign
by Peltz.
Such uncertainty has caused the stock to tank, but
if changes pushed
by the
activist investor prove successful, prices could rebound.
Since last year, Americans Elect, a non-profit 501c4 organization led
by investor and
activist Peter Ackerman, has been quietly laying the foundation for a 2012 Internet - based political convention to pick a «centrist» ticket that will,
if all goes to plan, get on all fifty state ballots and compete in a serious way with Barack Obama and whomever the GOP nominates next year.
• The right
activists:
If the median
activist hedge fund
investor essentially breaks even, as the evidence suggests, a blunderbuss approach of investing in a company targeted
by any
activist investor is unlikely to generate value.