If MDLZ/PEP get together it'll be historic by many measures but mainly because it'll be 2 women steering the conversation…
Female CEOs of big companies are not such a novelty anymore; heck, even IBM has one!
Your post makes it sound as though you think MDLZ is the likely buyer (assuming there is one); however, PEP’s enterprise value is about twice as large as MDLZ’s, so it’s highly doubtful that Irene Rosenberg will end up running the merged company.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”