WASHINGTON, June 29 (Reuters) - Following a successful government lawsuit to block the deal, Sysco Corp, the biggest U.S. food distribution company, dropped plans to merge with US Foods, its biggest...
WASHINGTON, June 29 (Reuters) - Sysco Corp, the biggest U.S. food distribution company, has scrapped a controversial plan to merge with US Foods, its biggest rival, the company announced on Monday.
Trade Commission's challenge to Sysco 's SYY proposed merger with US Foods on ..... outcome. Further, we now doubt Sysco will follow through with plans to ..... our narrow economic moat rating for Sysco , which reflects our view that the
Trade Commission’s challenge to Sysco ’s proposed merger with US Foods ..... to US Foods. Further, we now doubt Sysco will follow through with plans to divest ..... consumer spending levels will still hinder Sysco 's near-term sales, but food cost
WASHINGTON, June 23 (Reuters) - Sysco Corp's $3.5 billion merger with US Foods should be stopped for further review, a federal judge ruled on Tuesday, handing a major victory to the U.S. government in its effort to block the controversial merger.
WASHINGTON, June 23 (Reuters) - Sysco Corp, the nation's largest food distributor, lost a battle with the U.S. government as a federal judge ruled on Tuesday that the company could not merge with its...
117.66 1.03 170,780 3.8 + Sysco SYY 4 Narrow 36.92 0.88 21,798 3 ..... looking at right now, in our view. Sysco SYY "> SYY "> SYY "> SYY is another ..... the planned tie-up with US Foods, Sysco operates as the undisputed leading
(Reuters) - Lawyers for Sysco Corp, the No. 1 U.S. food distribution company, told a judge that competition from regional rivals would prevent the company from raising prices if it is allowed to buy...
PAYX 4.09 Novartis NVS 4.06 Enterprise Products EPD 3.82 Verizon VZ 3.79 Clorox CLX 3.56 Walmart WMT 3.37 Sysco SYY 3.28 3M MMM 3.20 Suburban Propane SPH 3.16 Johnson & Johnson JNJ 3.06 Pfizer PFE 2.93 Spectra Energy SE 2
margin compression), the state of Sysco ’s pending acquisition with US Foods ..... our narrow moat, which is based on Sysco 's vast distribution scale (with ..... if the judge sides with the FTC, Sysco could abandon the deal, resulting in