Sysco continues to enjoy a firm hold over the wholesale food distribution market despite a failed $3.5 billion takeover of its biggest competitor, US Foods, in 2015. Sysco is up three spots on the Fortune 500 with a 9.9% revenue increase in fiscal year 2017 from the previous year. The Houston, Texas-based company came under new leadership on Jan. 1, 2018 with the promotion of its president and chief operating officer Tom Benz to CEO.
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They may contain listeria.
The deal is one of several that antitrust enforcers have recently rejected as illegal.
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