USA: Suiza Foods Corporation settles New England investigation
Suiza Foods Corporation (NYSE: SZA), the nation's leading dairy processor, announced yesterday that it has settled the antitrust investigation conducted by the Attorneys General of the states of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont. The investigation, which began in March 2000, arose in connection with a long- term supply agreement between Suiza and The Stop & Shop Supermarket Company and an agreement to sell certain of Stop & Shop's dairy processing assets to Suiza. The settlement preserves intact the existing long-term supply agreement enabling Suiza to continue to provide dairy products to all of Stop & Shop's stores in New England.
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