- The outsized rally in Sysco (SYY +13.1%) following its purchase of US Foods is tied to a deal price which analysts see as coming in on the low end.
- Though shares have fallen back from their lofty +$43 perch, sentiment is still decidedly bullish on volume already 10X normal trading activity due to the enormous synergy opportunities presented by the combination.
- Unlike many merger partners, Sysco and US Foods are fairly complimentary on a geographic basis.
A lot to like about Sysco-US Foods combination
Dec 9 2013, 11:24 ET