PepsiCo Inc., Purchase, N.Y., made a $420 million contribution to its $2.5 billion pension plan, according to Richard Detwiler, spokesman. Mr. Detwiler said the contribution was made because the firm had accumulated extra cash as a result of its merger with Quaker. In a third-quarter earnings conference call last week, Indra Nooyi, PepsiCo CFO, said the contribution was an effective use of cash, considering the lower interest rates and lower equity prices.
PepsiCo Inc., Purchase, N.Y., made a $420 million contribution to its...
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