Greek-yogurt maker Chobani often encourages consumers to make the right choice, but it may not be taking its own advice.
The company said late Friday it had rejected PepsiCo's offer to take a majority stake because it was only interested in selling a minor piece of itself.
So even though Goldman Sachs found it an established partner that could help with distribution and production, the company intends to pay for its own growth plans. Those include entry into new markets such as Mexico and expanding its "Flip" product, which packages yogurt with toppings such as almonds, dark chocolate and graham crackers.
To read the rest of the story, please go to: Bloomberg