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Saratoga County officials hope Sysco-US Foods merger won't affect local jobs

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A proposed merger of Sysco Foods and another major national food distributor, US Foods, is raising questions about how each company’s warehouse operations in southern Saratoga County will be affected. Both companies have large local food distribution centers — US Foods on Pierce Road in Clifton Park and Sysco off Route 9 in Halfmoon. The deal announced Monday by both companies has Houston-based Sysco acquiring US Foods for $3.5 billion. Including stock and debt acquisition, ...

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December 10, 2013
9:32 a.m.

[ Flag Post ]

Who was it who said that the goal of all capitalists is to gain a monopoly in order to lower costs & raise prices at will?