Performance Food Group Company
46.73 - 49.49
24.19 - 59.89
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07:41 AM EDT, 05/18/2021 (MT Newswires) -- Performance Food Group (PFGC) said Tuesday it has agreed to acquire Core-Mark (CORE) in a cash and stock transaction valued at about $2.5 billion including debt Under the terms of the deal, Core-Mark shareholders will receive $23.875 per share in cash and 0.44 PFG share for each share they own.
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Built on the many proud histories of their family of companies, Performance Food Group is a customer-centric foodservice distribution leader headquartered in Richmond, Virginia. Grounded by roots that date back to a grocery peddler in 1885, PFG today has a nationwide network of over 100 distribution facilities, thousands of talented associates and valued suppliers across the country. With the goal of helping customers thrive, the company markets and delivers quality food and related products to over 200,000 locations including independent and chain restaurants, schools, business and industry locations, healthcare facilities, vending distributors, office coffee service distributors, big box retailers, theaters and convenience stores. Building strong relationships is core to PFG's success - from connecting associates with great career opportunities to connecting valued suppliers and quality products with PFG's broad and diverse customer base.
CEO: George Holm
HQ: 12500 W Creek Pkwy Richmond, 23238-1110 Virginia