Feared activist investor Elliott Management took a $4 billion stake in Pepsi. That shouldn't scare the CEO.

Feared activist investor Elliott Management took a $4 billion stake in Pepsi. That shouldn't scare the CEO.

CNBC / Getty Contributor

It's never a good day when an activist investor announces a big stake in your company, with a public campaign pointing out the flaws in your strategy, even if it is expected.

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