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Sysco pulling out of US Foods buyout after FTC move

2015-06-29 15:36:12| Food - Topix.net

This Monday, Aug. 15, 2005, file photo, shows the corporate headquarters of Sysco Corp., the largest food-service distributor in North America, in Houston. Sysco announced Monday, June 29, 2015, it is scrapping its proposed $3.5 billion buyout of US Foods after a Federal Trade Commission legal victory that temporarily blocked the deal to combine the two food-service companies.

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