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deville215

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Reply with quote  #81 
Where might the FTC see issues with this merger outside of WA? Heard a rumor about ND for some reason, but can't confirm any of it.
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Retiredfoodpro

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Reply with quote  #82 
Quote:
Originally Posted by deville215
Where might the FTC see issues with this merger outside of WA? Heard a rumor about ND for some reason, but can't confirm any of it.


There's obviously a hang up here.  FTC has had this for over a year now. Not a normal length of time for an acquisition of this size. I wonder if Sysco has a stooge at the FTC?  
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formerdsr

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Reply with quote  #83 
I don't think there will be the issues that killed the Sysco/USF merger:

Possible monopoly in some areas of the country.

Some customers absolutely HATE Sysco or USF, and would find another supplier.


Manufacturers were concerned about losing business. Some manufacturers are exclusive with one or the other.

Brokers were concerned about their dedicated reps.

Military customers needed two nationwide vendors.

National chains who have contracts with Sysco or USF.

Quote:
Originally Posted by deville215
Where might the FTC see issues with this merger outside of WA? Heard a rumor about ND for some reason, but can't confirm any of it.
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5magics

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Reply with quote  #84 
https://www.chicagobusiness.com/news/rivals-combine-us-foods-cant-make-deal
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broadliner

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Reply with quote  #85 
USF will be #3? [rofl] Pride goeth before the fall. USF's reputation for micromanaging salespeople has preceded it. I hear all kinds of horror stories from people I worked with.  

Both USF and Sysco have forgotten that they are primarily in the FOODSERVICE DISTRIBUTION business. People rely on them for day-to-day needs. Things like Scoop, and its Sysco equivalent, work for some customers, but most don't need those products.

PFG, Reinhart, Gordon, Ben E. Keith and Shamrock understand what business they're in. And their customers appreciate it.

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Foodservicedriver20

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Reply with quote  #86 
Wel all know this won’t last long. It is killing them that they have dropped to #3. I say by next year they will be back to #2. They are either going to buy shamrock, Ben E or if they really wanna do a game change go for Gordon.
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deville215

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Reply with quote  #87 
What makes you think they can buy one of them if they are potentially having issues w/ FSA/SGA?
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Chiguy

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Reply with quote  #88 
Quote:
Originally Posted by Foodservicedriver20
Wel all know this won’t last long. It is killing them that they have dropped to #3. I say by next year they will be back to #2. They are either going to buy shamrock, Ben E or if they really wanna do a game change go for Gordon.


They have no money so how much debt do you think they can take on.
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5magics

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Reply with quote  #89 
It has to kill USF and the shareholders that their stock price has stayed so low since the announcement of the merger. USF is trading around $35 while PFG is hitting 52 week highs up in the low to mid $40range.
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Proffoodie

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Reply with quote  #90 
USF may not get the Seattle market afterall
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FSVET

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Reply with quote  #91 
Why is that? They have a branch in Fife. FSA has two in the Seattle area.

Quote:
Originally Posted by Proffoodie
USF may not get the Seattle market afterall

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FSVET

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Reply with quote  #92 
And also that USF will be the #3 distributor in the US after the PFG/Reinhart merger. 

Quote:
Originally Posted by 5magics
It has to kill USF and the shareholders that their stock price has stayed so low since the announcement of the merger. USF is trading around $35 while PFG is hitting 52 week highs up in the low to mid $40range.

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Food sales Neophyte

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Reply with quote  #93 
Quote:
Originally Posted by Proffoodie
USF may not get the Seattle market afterall


Why would the Seattle market be the problem?
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Proffoodie

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Reply with quote  #94 
Not sure... Divestiture has got to be the hangup though
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Retiredfoodpro

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Reply with quote  #95 
They will be asked about this during meeting.  Stay tuned for the answer. 

https://finance.yahoo.com/news/us-foods-announce-second-quarter-152400594.html
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bestdsr

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Reply with quote  #96 
SGA has a facility in Mira Loma
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