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Tag: sysco
Sysco: Company May Succeed Against FTC Objection To US Foods Acquisition
2015-03-15 13:05:21| Food - Topix.net
The company counters the FTC's position stating that regulators do not understand the market, which it claims is competitive on a local level. The company's acquisition is likely not anti competitive as there are tens of thousands of domestic food-service distributors in addition to club and wholesale stores to fulfill customer needs.
Tags: us
company
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Amid fight over US Foods merger, Sysco lawyers prepare to take FTC to court
2015-03-12 19:36:02| Food - Topix.net
After the Federal Trade Commission blocked Houston-based Sysco Corp.'s $8.2 billion merger with Rosemont, Illinois-based US Foods for allegedly violating antitrust laws, Sysco is preparing for its next move. Sysco denies that the merger breaks antitrust or anticompetitive regulations.
U.S. Sues to Block Sysco, US Foods Merger
2015-02-19 21:01:26| Food - Topix.net
U.S. antitrust regulators filed a lawsuit on Thursday aimed at stopping food distribution giant Sysco Corp from purchasing smaller rival US Foods , the Federal Trade Commission said on Thursday. The case will now be heard by an internal FTC judge.
JPMorgan Chase & Co. Boosts SYSCO Price Target to $42.00
2015-02-04 00:10:43| Food - Topix.net
's stock had its "hold" rating reiterated by JPMorgan Chase & Co. in a research note issued on Tuesday.
Sysco (SYY) Stock Down After In-Line Earnings, Offer to Sell 11 Food Centers
2015-02-02 18:48:36| Food - Topix.net
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