SYSCO, US Foods Agree to Merge, Enterprise Value of Deal is ~$8.2B

Sysco Corporation (NYSE: SYY ) and US Foods today announced an agreement to merge, creating a world-class foodservice company. The total enterprise value of the transaction is approximately $8.2 billion and the combination has been approved by the Board of Directors of each company. Bill DeLaney, Sysco president and chief executive officer, will lead