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Peltz’s Trian Takes Stake in Sysco

Sysco trailers sit parked outside the company's distribution center in Louisville, Ky.

The stake makes Trian the largest shareholder in Sysco, according to FactSet data.

Trian said it has met with Sysco’s chief executive and chairman about ways to enhance the company’s value, including by increasing capital returned to shareholders and better aligning compensation with the company’s performance.

Trian said it expects to have further discussions with Sysco.

In a statement, Sysco confirmed that Trian has...


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