SYSCO (SYY) Corrects Press Release Issued Yesterday by Dezina: Says It Has Not Negotiated or Entered Into a JV With Dezina
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SYSCO Corporation (NYSE: SYY) today corrected information released late yesterday by Dezina Marketing, Inc. Contrary to the Dezina press release, which SYSCO Corporation did not review or approve, SYSCO has not negotiated with or entered into a joint venture with Dezina to provide its products online to residential customers. SYSCO does currently deliver foodservice products to commissaries operated by Dezina.
Furthermore, quotes attributed to Keith Shapiro, president of SYSCO's operating company in Baltimore, Maryland, were not reviewed or approved by Mr. Shapiro and information describing SYSCO and its financial performance was outdated or inaccurate.
SYSCO Corporation, through its subsidiaries, engages in the marketing and distribution of a range of food and related products primarily for foodservice industry in the United States and Canada.
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