DE Shaw Holds Billion Dollar Stake in Sysco
Hedge fund DE Shaw holds a stake exceeding one billion dollars in Sysco. The revelation comes as the food distributor refreshes its board and accelerates artificial intelligence initiatives to improve operations and boost performance.
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Hedge fund D.E. Shaw holds a stake exceeding $1 billion in SYSCO CORP, two people familiar with the matter said on Thursday. The disclosure follows Sysco's announcement of a board refresh aimed at accelerating operational growth. New York-based D.E. Shaw has held shares in the food distributor for a decade.
