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S&P downgrades Sysco on Brakes deal

Standard & Poor's has lowered its long-term corporate credit rating on Sysco, reflecting company's 'more aggressive financial policy that will result in meaningful deterioration in credit ratios'

By Undercurrent News | Feb. 25, 2016 10:23 GMT
Sysco: US Foods exit of merger logical if preliminary injunction granted
Sysco created its seafood supplier of the year award in 2014
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Standard & Poor's Ratings Services has lowered its long-term corporate credit rating on Sysco Corpoation after the latter's $3.1 billion move for the Brakes Group. [...]

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