Sysco
Sysco’s $29 Billion Bet: Food Giant Plunges 16% as Debt Fears Overshadow Restaurant Depot Acquisition
HOUSTON – In a move that has sent shockwaves through the food distribution industry and Wall Street alike, Sysco Corporation (NYSE: SYY) announced on March 30, 2026, a definitive agreement to acquire Jetro Restaurant Depot for a staggering $29.1 billion. The deal, the largest in Sysco’s history, represents a