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Peltz joins Mondelez board, backs off PepsiCo deal

NEW YORK (AP) — Activist investor Nelson Peltz is no longer pushing for PepsiCo to buy Mondelez and create a global snack foods giant, after Mondelez on Tuesday named him to its board of directors.

https://apnews.com/peltz-joins-mondelez-board-backs-off-pepsico-deal-08909eeb866248f9965abdcbe662d64c
PepsiCo Inc Irene Rosenfeld Stock performance Food manufacturing Mondelez International Inc Stocks and bonds Business Food and beverage manufacturing Snacks manufacturing Consumer products and services Nelson Peltz Corporate news Stock price movements Consumer product manufacturing Beverage manufacturing
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