With the goal of more than doubling PepsiCo's $13 billion nutrition business to $30 billion by 2020, Chairman and Chief Executive Officer Indra Nooyi has her sights fixed on so-called “good for you” brands like Quaker Oats, Tropicana and Sabra. But it was a different type of diet product that likely gave Nooyi pause recently, when, for the first time in the history of the cola wars, Diet Coke bested PepsiCo's biggest brand to take the No. 2 spot behind its ...

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