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US Foods' growth momentum has decelerated recently, raising concerns about its near-term performance. Slower sales and ...
A merger of the top two U.S. food distributors, Sysco and US Foods, could mean cutbacks at facilities in Severn and Jessup that employ hundreds of workers and sit fewer than 10 miles apart as a com… ...
Sysco Corp will buy US Foods Inc for about $3.5 billion from its private equity owners in a deal that will combine the top two U.S. food distributors and create a company commanding at least a ...
Sysco hasn't seen business conditions improve much since the dark days of the recession. It took a huge step in reversing that trend with its acquisition of US Foods. Here's why investors will win.
Sysco buys US Foods. Job impact unknown at food service companies involved in $3.5B deal. By Brian Nearing Dec 9, 2013. Exterior of the US Foods property Monday afternoon, Dec. 9. 2013, in Clifton ...
Food distributor giant Sysco announced Monday it will buy rival US Foods for $3.5 billion in cash and stock, creating the largest food and restaurant supplier in the country.
Sysco and US Foods are the largest national food distributors and together would have had combined sales of over $65 billion a year. Houston-based Sysco brought in $46.5 billion in sales last year.
Food companies Sysco Corp. and US Foods said Monday that they have agreed to merge. The value of the transaction, which is expected to close in the third quarter of 2014, is approximately $8.2 ...
Sysco abandoned its planned acquisition of rival US Foods following a federal judge’s ruling against the deal, forcing the food-distribution giant to find a new strategy for its future that is ...
Sysco Corp. said Monday it would buy Rosemont-based US Foods Inc. for about $3.5 billion in a deal that will combine the top two U.S. food distributors and create a company making up at least a ...
It goes without saying that food is big business. In fact, it's a $235 billion industry, and distributor Sysco is a major player. It serves about 18% of the market, but at the same time, Sysco's ...
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