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Sysco in Talks with FTC to Save Company's $3.5B Acquisition of US Foods -NY Post

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Sysco Corporation (NYSE: SYY) is in talks with the FTC in an attempt to save the company's $3.5 billion acquisition of US Foods, according to the NY Post. Sources say the FTC's
Deborah Feinstein, the agency's Head of Competition, is not planning to block the deal. A decision is expected by the US regulatory agency by October 31.

Sysco shares closed Monday at $36.44, a loss of 1.5%.

View full article http://nypost.com/2014/10/13/sysco-plying-ftc-to-save-us-foods-deal/

Posted-In: NY PostM&A News Rumors

 

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