Sysco predicts it will close its $8.2 billion acquisition of US Foods this year but a debt offering gives the company plenty of leeway for a drawn-out battle with regulators. On Tuesday Sysco issued a ...
A federal judge ruled in favor of the Federal Trade Commission and blocked a merger between Sysco and US Foods on antitrust grounds. WSJ’s Brent Kendall joins Lunch Break with Tanya Rivero. Photo: AP ...
Profit at Sysco in the most recent quarter fell as cost growth outpaced sales wins due to inflation, particularly across the dairy and poultry sectors, the carrier said, adding that further price ...
Sysco Corporation has announced a recall of frozen supplemental shakes due to a Listeria monocytogenes outbreak and has stopped all purchases of related products from Lyons Magnus, a supplier linked ...
WASHINGTON/NEW YORK (Reuters) - Sysco Corp will be left with a bill of around $1 billion if the U.S. government kills its $3.5 billion merger with US Foods, regulatory filings show, underscoring the ...
HUDSON — Ginsberg’s Foods, which began in 1909 as a grocery store and later grew into a regional food wholesale distributor, has been acquired by Sysco Corp., the food distribution giant. Ginsberg’s ...
Sysco shares have been roughly flat over the past year, significantly outperforming the broader market. In 2022, Sysco benefited from increased consumer spending on dining out following stay-at-home ...
Sysco Philadelphia and six former Driscoll Foods employees were hit with a lawsuit on Oct. 8 in New Jersey Superior Court for Gloucester County over alleged orchestrated poaching and trade secrets ...