PepsiCo to cut prices, eliminate products as part of a deal with an activist investor

NEW YORK (AP) — PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced Monday. The Purchase, New York-based company, 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. […]
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