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US: Uncertainties remain for merger of top food groups

By  |  January 16, 2014

The top food distribution firms in the US have many uncertainties ahead as they attempt to merge, but before any regulatory hurdles appear, the companies must first learn which regulator will take on the merger case.

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    The US Department of Justice and the Federal Trade Commission have not yet revealed which authority will take the case of Sysco Corp. and US Foods Inc. The two companies are reportedly anticipating a merger review that could last up to a year to clear the $3.5 billion deal.

    A spokesperson for the DOJ confirmed that the agency set to review the deal has not yet been chosen, while an FTC rep was unavailable to comment.

    According to reports, it is not immediately clear who will take the case, as the FTC has experience in supermarket mergers while the DOJ has handled previous food mergers.

    Full Content: Wall Street Journal

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