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FTC focusing on Sysco’s proposed asset sale to PFG as part of US Foods buyout

By Jeff Bliss ( December 12, 2014, 20:49 GMT | Insight) -- The US Federal Trade Commission is evaluating whether proposed divestitures by Sysco to Performance Food Group worth more than $2 billion would address the agency’s antitrust concerns regarding Sysco’s planned buyout of rival US Foods, MLex has learned. While the discussions are still fluid, the government and companies are trying to reach an agreement. If successful, the agreement is likely to come early next year.The US Federal Trade Commission is evaluating whether proposed divestitures by Sysco to Performance Food Group worth more than $2 billion would address the agency’s antitrust concerns regarding Sysco’s planned buyout of rival US Foods, MLex has learned....

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