Performance Food Group and US Foods Holding Explore Merger in Clean Team Agreement
Performance Food Group and U.S. Foods Holding entered a clean-team agreement to share information and evaluate regulatory considerations related to a potential business combination.
The two food service distributors have discussed how they could most effectively explore a potential combination, and are now working with a group of lawyers, economists and consultants, Richmond, Va.-based Performance Food said Tuesday.
U.S. Foods, based in Rosemont, Ill., said it was pleased with Performance Foods' willingness to engage in...
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