Performance Food Group (PFGC) to Acquire Core-Mark (CORE) for $2.5B in Cash and Stock
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Performance Food Group Company to Acquire Core-Mark
May 18, 2021 7:00 AM EDTÂ Acquisition expands PFGs geographic reach and market diversification into the growing convenience store channel, adding approximately $17 billion to net sales, resulting in total PFG pro-forma LTM net sales of approximately $44 billion Adds a complementary customer-centric operating model with consistent go-to-market selling cultures focused on customer service Enhances attractive customer base and product offerings, building upon the companys current foodservice focus within the convenience channel Expected to be accretive to Adjusted Diluted Earnings Per Share (EPS) in the first full fiscal year... More
