Dive Summary:

• According to new reports, activist investor Nelson Peltz may be setting up a $169 billion merger between PepsiCo and Mondelez International Inc..
• Peltz has invested nearly $2 billion in the companies through his firm, Trian Fund Management, sending shares of both companies soaring.
• Many analysts and investors think Pepsi might split its food and beverage sectors to maximize revenue, as the beverage industry has seen slow growth these past few years. 

From the article:

Another activist investor, Relational Investors LLC, is in the mix – after acquiring a stake in PepsiCo last year, when it told PepsiCo the slower-growing beverage business should eventually be split from the rest of the company to maximise returns. ...