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PepsiCo Inc V.PEP


Primary Symbol: PEP

PepsiCo, Inc. is a beverage and convenient food company. The Company's segments include Frito-Lay North America, which includes its food businesses in the United States and Canada; Quaker Foods North America, which includes its food businesses, such as cereal, rice, pasta and other branded food, in the United States and Canada; PepsiCo Beverages North America, which includes its beverage businesses in the United States and Canada; Latin America, which includes its beverage and convenient food businesses in Latin America; Europe, which includes its beverage and convenient food businesses in Europe; Africa, Middle East and South Asia (AMESA), which includes all of its beverage and convenient food businesses in Africa, the Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region (APAC), which includes all of its beverage and convenient food businesses in Asia Pacific, Australia and New Zealand, and China region. Its brands include Lays, Doritos and Cheetos.


NDAQ:PEP - Post by User

Comment by 889900on Apr 04, 2020 10:46am
141 Views
Post# 30878814

RE:RE:RE:RE:RE:RE:Anyone have any ideas around the news causing the halt?

RE:RE:RE:RE:RE:RE:Anyone have any ideas around the news causing the halt?This is Mac's baby..... we'll be waiting for his legal problems come to a conclusion before this moves forward. might be a couple years by the look of things.



yupuhhuh wrote: There's something like 9 news release since Mac took the exit ramp.  7 have been negative, 2 have been neutral (could be either positive or negative news, but not enough information yet to know for sure).  The last includes a statement that they have both violated listing conditions AND only have one director remaining on the board (interesting, since we only have seen Len's departure on paper - there was a third director that was installed after Tom Carpenter resigned).  So basically, looks like Anthony is the last man standing as far as directors.  Also, the resignation release about Len makes a statement about investment situation improving...which means no money right now.  So I would say yeah no - this is pretty much not good.


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