Executives at Sysco, the nation’s No. 1 food supplier to restaurants and schools, are talking with government regulators in an attempt to save the company’s USD 3.5 billion purchase of US Foods, The Post has learned.
The Federal Trade Commission is expected to decide by Oct. 31 whether to sue to block the deal that would bring together the No. 1 and No. 2 food distributors in the country, sources said.
Deborah Feinstein, FTC’s Head of Competition, an influential voice in weighing whether or not to give the merger a regulatory green light, has told the FTC’s five commissioners she is ready to sue to block the deal unless certain conditions are met, a source said.
“She’s a very good, careful lawyer,” a well-placed DC source not working on the deal said. “If she’s recommending a case, they will bring a case.”
