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Industry observers said last week’s announcement of an $8.2 billion merger between Sysco Corp. and US Foods surely was the biggest deal in the history of foodservice …
On December 9, 2013, the two biggest U.S. food-distribution companies, Sysco Corporation (“Sysco”) and US Foods, Inc. (“US Foods”) announced an agreement to merge, …
The merger could have significant consequences for the restaurant industry, which depends on companies like Sysco and US Foods to get the ingredients they need to produce the products...
On February 19, 2015, the FTC filed an administrative complaint charging that the proposed merger of Sysco and US Foods would violate the antitrust laws by significantly …
Sysco will pay approximately $3.5 billion for the equity of US Foods, comprising $3 billion of Sysco common stock and $500 million of cash. As part of the transaction, Sysco will …
“This proposed merger between the country’s two largest foodservice distributors would have likely increased prices paid by restaurants, hotels, cafeterias, and hospitals across …
December 09, 2013. Sysco Corporation [NYSE: SYY] and US Foods today announced an agreement to merge, creating a world-class foodservice company. The total …
An antitrust watchdog group warned Tuesday that the $8.2 billion proposed acquisition of US Foods by Sysco will create a monopoly among broadline food distributors, …
Fresh food and fresh ideas are at the heart of food and service. Sysco delivers exceptional produce, custom cuts of meat, high-quality seafood, and imported foods offering global …
The Federal Trade Commission today filed an administrative complaint charging that the proposed merger of Sysco and US Foods would violate the antitrust laws by …
Sysco Food Corp. says it would sell 11 of its distribution centers to satisfy concerns over its proposed merger with US Foods, and the result could have a significant …
Sysco and US Foods are merging operations and the impact in the Mid-South could be big. This week it was announced that the nation's two largest food distributors, Sysco …
By one measure, Omaha could become the most concentrated food service market in the nation, with higher prices on food in restaurants, hospitals and schools, if a …
Under terms of the merger agreement, the termination of the transaction requires Sysco to pay break-up fees of $300 million to US Foods and $12.5 million to PFG. "After …
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