Inside PepsiCo's beverage overhaul: a Gatorade reboot, the $2 billion Poppi buy, and a gut-health play, all under activist scrutiny
Activist investor Elliott Management took a $4 billion stake in PepsiCo, and recently called the company a "dramatic underperformer" in a scathing letter.
(Fortune, 2025-10-08T17:29:53Z)