Report: Sysco Poised to Complete US Foods Deal

Cost would be sale of around $5 billion in assets to set up Performance Food Group as national competitor.

Mega-distributor Sysco Corp. is poised to complete its previously announced merger with its largest rival, US Foods, but at the cost of selling assets worth around $5 billion to another competitor, Performance Food Group, in order to satisfy regulators, reports the New York Post.

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