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  • Federal Trade Commission Requires Divestitures and Imposes Conditions on US Foods Holding Corp.’s Acquisition of Services Group of America, Inc.

    Federal Trade Commission Requires Divestitures and Imposes Conditions on US Foods Holding Corp.’s Acquisition of Services Group of America, Inc.| site |


    (September 11, 2019) - - Today, the Federal Trade Commission (FTC) published the following information:

    Food distributor US Foods, Inc. has agreed to divest assets to settle Federal Trade Commission charges that US Foods, Inc.’s proposed $1.8 billion acquisition of Services Group of America, Inc. would violate federal antitrust law. Broadline foodservice distribution involves the sale and distribution of a broad range of food and foodservice-related products to customers who serve food to consumers away from home in venues such as restaurants, hospital cafeterias, stadiums, and schools. The FTC alleges that the proposed acquisition would likely harm competition for broadline foodservice distribution for customers in four local markets and for national and multi-regional customers throughout the country
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  • Staff Reporter 1
    Federal Trade Commission Requires Divestitures and Imposes Conditions on US Foods Holding Corp.’s Acquisition of Services Group of America, Inc.
    by Staff Reporter 1
    Federal Trade Commission Requires Divestitures and Imposes Conditions on US Foods Holding Corp.’s Acquisition of Services Group of America, Inc.| site |


    (September 11, 2019) - - Today, the Federal Trade Commission (FTC) published the following information:

    Food distributor US Foods, Inc. has agreed to divest assets to settle Federal Trade Commission charges that US Foods, Inc.’s proposed $1.8 billion acquisition of Services Group of America, Inc. would violate federal antitrust law. Broadline foodservice distribution involves the sale and distribution of a broad range of food and foodservice-related products to customers who serve food to consumers away from home in venues such as restaurants, hospital cafeterias, stadiums, and schools. The FTC alleges that the proposed acquisition would likely harm competition for broadline foodservice distribution for customers in four local markets and for national and multi-regional customers throughout the country
    ...
    09-12-2019, 09:41 PM

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