Buying in bulk has its advantages, which is why most people are aware of the benefits of a Costco membership, or they find their way to Sam's Club for food dupes that are better than the original. But ...

Welcome to Sysco's call to announce the definitive agreement to acquire Restaurant Depot. [Operator Instructions] With that, I would now like to turn the call over to Kevin Kim, Vice President of ...

Sysco, the biggest U.S. food distributor to restaurants, hospitals and schools, struck a deal to acquire family-owned Jetro Restaurant Depot for roughly $29 billion, including debt. Under the terms of ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Local operators who have come to ...

On Monday, March 30, Sysco, the nation’s largest restaurant supply distributor, announced it was spending $29.1 billion to acquire Jetro Restaurant Depot (commonly known as Restaurant Depot), a major ...

In this episode of Quick Bites, Nation's Restaurant News editor-in-chief Sam Oches and Restaurant Business editor-in-chief Jonathan Maze dive into three major stories shaking up the restaurant ...

Deal to be financed with $21 billion in new and hybrid debt Shares of Sysco down as much as 14.8% Restaurant Depot shareholders to own about 16% of Sysco following deal Sysco pauses share repurchase ...

Under the terms of the acquisition unveiled Monday, Restaurant Depot shareholders will receive $21.6 billion in cash and 91.5 million Sysco shares. A total deal value of $29.1 billion, including debt, ...

[Stay on top of transportation news: Get TTNews in your inbox.] NEW YORK — Sysco, the nation's largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion.