Sysco May Be Selling “Fix-it-First” To Save Food Distributors’ Merger, But FTC May Not Be Buying
Posted 02/3/15
By Allison F. Sheedy
Sysco Corp. announced a divestiture plan this week that it claims should address concerns of the Federal Trade Commission (the “FTC”) about the food behemoth’s proposed acquisition of US Foods, which would combine the two largest food distributors in the United States.
Sysco, the nation’s largest food distributor,
said on Monday that it is prepared to sell 11 US Foods distribution...