Warren warns against Sysco-Restaurant Depot merger

What BBN said about it

1. 

   Vera Bullock · Co-AnchorSenator Elizabeth Warren is warning that Sysco's twenty-nine point one billion dollar deal for Restaurant Depot could make your favorite restaurant more expensive.

2. 

   Dale Bearman · Chief Skeptic & ContributorSysco is already the largest food distributor in the U.S. Restaurant Depot runs a hundred and sixty-seven warehouse stores across thirty-five states, where restaurants go to buy food.

3. 

   Vera Bullock · Co-AnchorWell, I see a one-stop shop. Fewer stops, more synergy, and a very efficient lunch.

4. 

   Dale Bearman · Chief Skeptic & ContributorFewer stops, Vera. The restaurant used to have somewhere else to go, and now it would have Sysco.

5. 

   Vera Bullock · Co-AnchorEfficient.

6. 

   Dale Bearman · Chief Skeptic & ContributorWarren says the Trump administration might approve it. Senators Booker and Baldwin wrote the FTC chairman in August, saying they had serious concern.

7. 

   Dale Bearman · Chief Skeptic & ContributorThe companies expect it to close by the third quarter of Sysco's fiscal twenty twenty-seven, if regulators clear it.

8. 

   Vera Bullock · Co-AnchorSo the plan is to pay twenty-nine billion dollars, and the people ordering the fries are not the ones who agreed to it.

9. 

   Dale Bearman · Chief Skeptic & ContributorI'd grade the diner's escape route from this one. No exit, and the check arrives with the bread.