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June 16, 2014
08:38 EDTSYYSysco-US Foods merger regulatory review remains on track
Sysco issued the following statement in response to a recent report regarding the status of the Federal Trade Commission's review of the proposed Sysco-US Foods merger. Bill DeLaney, Sysco president and CEO, said: "In light of this recent misleading report, it's important to convey that Sysco continues to cooperate closely with the Federal Trade Commission in its review of the proposed merger of Sysco and US Foods. We are engaged in a productive dialogue with the FTC, and the review is proceeding as expected. We continue to believe that the Commission, once it finishes its investigation, will conclude that our industry is -- and will continue to be -- fiercely competitive. Our proposed merger will benefit customers and help us become more efficient in this rapidly evolving marketplace."
News For SYY From The Last 14 Days
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February 26, 2015
17:30 EDTSYYSysco awarded $130.2M government contract
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February 20, 2015
06:36 EDTSYYSysco to host conference call
Conference call to discuss FTC action will be held on February 20 at 12pm. Webcast Link
February 19, 2015
15:28 EDTSYYSysco to contest FTC attempt to block proposed merger
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14:03 EDTSYYFTC challenges proposed merger of Sysco, US Foods
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13:41 EDTSYYSysco down 2.3% after Reuters report of FTC plans to sue over merger
13:38 EDTSYYFTC to file suit to block planned Sysco, US Foods merger, Reuters says
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February 18, 2015
15:15 EDTSYYSysco hires more legal power over possible FTC suit on US Foods deal, WSJ says
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February 17, 2015
07:15 EDTSYYConsumer Analyst Group of New York (CAGNY) to hold a conference
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