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0.00913022585295534 0.0302739067755887 0.0302739067755887 0.0302739067755887 0.0302739067755887 0.0209514656415186 0.0309466602594908 0.0469005285920232
Stock impact report

Performance Food Group Enters into Information Sharing Arrangement with US Foods

Performance Food Group Company (PFGC) 
Last performance food group company earnings: 2/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.pfgc.com
Company Research Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced that it has entered into a clean team agreement with US Foods Holding Corp. (“US Foods”) (NYSE: USFD) that enables the companies to share information in order to evaluate regulatory considerations and the synergies related to a potential business combination.In recent weeks, members of the PFG Board and management team engaged with several of PFG’s large stockholders to hear their perspectives, and the Company is committed to continuing that dialogue. The Company also engaged with US Foods on how the two companies could most effectively explore a potential business combination while safeguarding confidential information. Following these conversations, the PFG Board, along with its independent financial and legal advisors, concluded that there was sufficient basis to begin information sharing. The companies are therefore initiating a clean team process consisting of Show less Read more
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