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Non-Tech : PEP -- Time to buy?
PEP 142.35+0.5%2:12 PM EST
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To: Mark who wrote (76)4/8/1997 10:35:00 AM
From: Cameron Bloch   of 392
 
All,

By now I'm sure most have seen the annual report, which opens with a statement from Enrico about the spinoff. It will happen near the end of 1997 with current PEP shareholders receiving a proportional number of shares in the new restaurant company.

Cameron
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