Sachem Head nominated four directors at Performance Food Group

reuters.com [$]

Sachem Head nominated four directors to Performance Food Group's board, urging the company to consider a merger with a rival. The hedge fund, which has pushed for improved profitability, wants Performance Food Group to explore a combination with US Foods. Sachem Head previously had a board seat at US Foods and recently began building its stake in Performance Food Group.


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Sachem Head nominated four directors at Performance Food Group | News Minimalist