InvestorsHub Logo
Followers 147
Posts 11628
Boards Moderated 5
Alias Born 04/16/2011

Re: Miracleman 1 post# 57

Wednesday, 02/04/2015 5:07:27 PM

Wednesday, February 04, 2015 5:07:27 PM

Post# of 85
Their going to get it done imo..

Sysco Offers to Sell 11 Facilities to Win Merger Approval

By DAVID GELLES

FEBRUARY 2, 2015

It has been more than a year since Sysco, the big food distributor,agreed to buy its closest rival, US Foods, for $3.5 billion. Now, Sysco finally believes it has come up with a way to get the deal past antitrust regulators.

Sysco said on Monday that it had agreed to divest 11 distribution centers in a bid to obtain the blessing of regulators including the Federal Trade Commission. Sysco will sell the centers for an undisclosed sum to Performance Food Group, which will be its nearest rival after the deal for US Foods closes.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SYY News