Sysco Corp. said it will contest a move by the Federal Trade Commission to block its proposed merger with US Foods.
February 20, 2015Business
Sysco Acquisition of US Foods Delayed by Feds
Sysco Corp said its acquisition of rival food distributor US Foods, based in Rosemont, Illinois, isn鈥檛 likely to be completed until early next year as federal officials continue to scrutinize the deal for potential anticompetitive implications.
November 4, 2014Business
Analysts Expect Government to Approve Sysco鈥檚 $3.5 Bln. Purchase of U.S. Foods
Sysco Corp.鈥檚 planned acquisition of its largest competitor, U.S. Foods, is likely to be approved by federal regulators and could spur competition among food-service distributors, a prominent food industry consultant said.
January 13, 2014Business
Sysco to Buy U.S. Foods, Its Largest Competitor
Sysco Corp., the nation鈥檚 largest independent food distributor, said it will acquire its largest rival, U.S. Foods, creating a company with $66 billion in annual sales and a private truck fleet that will be the second largest in North America.
December 16, 2013