A federal judge ruled in favor of the Federal Trade Commission and blocked a merger between Sysco and US Foods on antitrust grounds. WSJ’s Brent Kendall joins Lunch Break with Tanya Rivero. Photo: AP ...
Sysco Corp. has terminated its merger with US Foods after the Federal Trade Commission’s request for preliminary injunction to block the deal was granted. In February, the FTC filed an administrative ...
The union claims the two companies underestimated the market share the combined company would have if their $8.2 billion merger is cleared by the Federal Trade Commission.