Performance Food Group, US Foods Scrap Merger Talks

Performance Food Group

PFGC

increase; green up pointing triangle and US Foods USFD 1.50%increase; green up pointing triangle Holdings have called off talks to merge in a deal that would have created a food-distribution giant rivaling top player Sysco SYY 1.52%increase; green up pointing triangle.

The companies on Monday said they mutually agreed to end an information-sharing process and will no longer pursue a potential combination.