Performance Food Seems to Warm to Rival US Foods in Play to Create Behemoth

US Foods has long had its eye on rival Performance Food, arguing a potential tie-up between the nation's No. 2 and No. 3 food service distributors could lead to more growth, challenge industry leader Sysco and cut costs for consumers.

But over the summer, overtures from US Foods, which supplies restaurants, hospitals, and universities with everything from beef to butter, were rebuffed by Performance Food CEO George Holm, who told analysts there was "no basis" to engage...

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