The Rising Influence of Rising Affluence

[DewDiligence]

Analysts are clamoring for a breakup of PEP into separate companies for foods and beverages, citing what strike me as preposterous gains in shareholder value:

http://www.bloomberg.com/news/2011-09-21/pepsico-poised-for-49-gain-imitating-kraft-breakup-real-m-a.html

My own opinion: a PEP breakup will probably add no shareholder value, but it will certainly enrich the investment bankers. Behind closed doors, the bankers must be LTAO at how gullible executives and BoD’s have become.