Sysco to Purchase US Foods in $8.2 Billion Acquisition
December 09, 2013 at 13:19 PM EST
A major consolidation in the food service industry, following word on Monday that Sysco Corp. (NYSE: SYY ) would purchase rival US Foods. According to a press statement, Sysco will pay around $3.5 billion in cash and stock for US Foods, and will assume about $4.7 billion of US Foods'
