Sysco (SYY) nears a deal for the restaurant depot, WSJ reports citing sources; deal is for USD 29bln incl. debt

Sysco (SYY) is reportedly close to securing a $29 billion deal for Restaurant Depot, including debt. This acquisition could significantly enhance Sysco's position in the food distribution sector, potentially impacting not only its growth trajectory but also competition in the market. Watch for how this might shift investor sentiment towards Sysco and the broader food distribution landscape.