Focus: Some PepsiCo investors cautious of Elliott's plan to spin out bottling

Core Viewpoint - Some investors in PepsiCo are in favor of activist shareholder Elliott Investment Management's suggestions to cut costs and eliminate underperforming brands like Quaker, but they express caution regarding the proposal to separate the soda maker's bottling network [1] Group 1 - Activist shareholder Elliott Investment Management has proposed cost-cutting measures for PepsiCo [1] - There is support among some investors for the idea of eliminating sleepy brands such as Quaker [1] - Investors are more cautious about the suggestion to hive off PepsiCo's bottling network [1]