Nov. 24 at 2:58 PM
🚨
$PFGC SLIDES AS MERGER TALKS WITH
$USFD COLLAPSE
$PFGC is down ~4% premarket after Performance Food Group and US Foods ended their merger discussions. After months of info sharing and regulatory review, both sides decided to stay independent.
Activist pressure wasn’t enough — PFGC’s board says sticking to its standalone plan creates more value.
Quick hits:
📉 Premarket: ~
$92.50
🍽️ Would’ve formed a ~
$31B food distribution giant
📈 1-year: +12%
🎯 Avg PT:
$121+
PFGC reaffirmed FY26 outlook with
$67.5B–
$68.5B in sales and
$1.9B–
$2.0B EBITDA.
Merger’s off, but fundamentals remain strong. Buy-the-dip or no appetite? 📉
