FTC Threatens to Cancel a Megamerger By Sysco Corporation24 Feb 2015, 2:17 pmFTC Threatens to Cancel a Megamerger By Sysco Corporation
Herbalife Bull: 'A Very Cheap Stock' Ahead Of Q4 Results24 Feb 2015, 5:25 amHerbalife Ltd. (NYSE: HLF ), set to post earnings Thursday, is a "powerfully attractive" stock at its current price, according to a long-time bull. Pivotal Research's Timothy S. Ramey reiterated ...
Sysco To Contest FTC's Attempt To Block $3.5 Bln Merger With US Foods19 Feb 2015, 8:58 pmFood-distribution giant Sysco Corp. (SYY) said late Thursday that it will challenge the Federal Trade Commission's attempt to block its proposed $3.5 billion merger with US Foods, Inc. that will create a combined entity with annual revenues of $65 billion. The closure of the deal is subject to FTC approval.
FTC says it will block Sysco's $3.5B purchase of food supply competitor US Foods19 Feb 2015, 2:52 pmNEW YORK, N.Y. - Antitrust regulators are challenging the $3.5 billion sale of US Foods to Sysco, saying the deal would hurt customers by reducing competition between food supply companies.
FTC moves to block Sysco's $3.5B purchase of US Foods19 Feb 2015, 2:51 pmNEW YORK (AP) — Antitrust regulators are challenging the $3.5 billion sale of US Foods to Sysco, saying the deal would hurt customers by reducing competition between food supply companies.
Sysco (SYY) Stock Slipping Today as the FTC Files Merger Complaint19 Feb 2015, 1:09 pmNEW YORK (TheStreet) -- Shares of Sysco are slipping, down 2.43% to $38.94 in afternoon trading Thursday, after the Federal Trade Commission filed an administrative complaint claiming that the company's proposed merger with US Foods Inc would violate antitrust laws by reducing competition, according to Reuters. The FTC seeks to block a merger between the two to keep competition alive in 32 local ...
U.S. Sues to Block Sysco, US Foods Merger19 Feb 2015, 12:50 pmU.S. antitrust regulators filed a lawsuit on Thursday aimed at stopping food distribution giant Sysco from purchasing smaller rival US Foods , the FTC said on Thursday.
Zillow Closes Trulia Buyout in a Stock-Swap Deal; Shares Up - Analyst Blog18 Feb 2015, 10:30 amThe much-awaited merger between the two leading online real estate information providing companies came to a close after Zillow Inc. (Z) announced the completion of the Trulia Inc. (TRLA) buyout.
Zillow & Trulia Shares Spike on FTC Nod for Possible Merger (Revised) - Analyst Blog9 Feb 2015, 7:05 amShares of Zillow Inc. (Z) and Trulia Inc. (TRLA) gained over 8.2% and 9.8%, respectively, on Jan 23 on reports that the Federal Trade Commission has approved the long pending merger of the two companies.
Staples Wants Office Supply Monopoly, Bids $6.3 Billion for Office Depot4 Feb 2015, 11:50 pmFTC may block the merger on antitrust grounds