Peter May, Trian President, Says PEP Campaign Gaining Traction [VIDEO]

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Nelson Peltz is taking his bid to split up PepsiCo, Inc. (NYSE:PEP) to its shareholders, the co-founder of Peltz’s Trian Fund Management told CNBC on Wednesday. Peter May — the billionaire Peltz’s right hand man and president of Trian—told CNBC’s “Squawk Box” that those conversations “are going extremely well” so far.

Peter May pushes Pepsico split

Sheeraz Raza

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