New Mexico Secretary of State Maggie Toulouse Oliver last week signed a letter with six other secretaries of state rejecting the $24.6 billion deal — a move that, if approved, will mean the combined companies will control nearly a quarter of the national food retail market. …
Sen. Elizabeth Warren of Massachusetts on Wednesday called on the Federal Trade Commission to block the deal. “More mergers and less competition would mean even higher prices—and layoffs for employees,” Warren said on Twitter. …
Future Co-CEOs Cathy Burns of PMA and Tom Stenzel of United Fresh have named seven current association staff leaders as the senior management team for the new combined association to be launched January 1, 2022. …
How best to move ahead? It is the question for each of us as individuals, as executives for our companies and, as leaders, for the industry as a whole. What technology, what institutions, what ways of thinking can help us best address the future. …
A joint decision was made not to proceed with the acquisition because of significant, unforeseen changes in the marketplace that have emerged since the agreement was signed in December 2018, largely driven by the COVID-19 pandemic. …
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