PepsiCo to cut prices, eliminate products as part of deal with activist investor
PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday. New York-based Purchase, which makes Cheetos, Tostitos and other Frito-Lay products as well as beverages, said it will cut nearly 20% of its product offerings by early next year. PepsiCo said it will use the … Read more