US food giant Sysco announces a $29 billion agreement for catering company Restaurant Depot
US food giant Sysco announces a $29 billion agreement for catering company Restaurant Depot Summary: The deal will be financed with $21 billion in new and hybrid debt, with an additional $1 billion on hand. Sysco shares are down roughly 8% in premarket trading. Restaurant Depot shareholders will own approximately 16% of Sysco following the…