Feared activist investor Elliott Management took a $4 billion stake in Pepsi. That shouldn't scare the CEO.
1. Elliott Management purchases a $4 billion stake in Pepsi. 2. Activists see potential for a 50% stock rise with changes. 3. Corporate activism has evolved; major conflicts are less frequent. 4. Pepsi is at a 'critical inflection point' for improvement. 5. Settlements without public campaigns are increasing in activism.