Sachem Head is pushing for a Performance Food merger. Here's why a deal makes sense
1. Sachem Head aims to add board members at PFGC's 2025 meeting. 2. They propose exploring a merger with US Foods to enhance margins. 3. Historically, similar mergers yielded significant synergies for stakeholders. 4. Potential CEO transition may coincide with strategic decisions at PFGC. 5. Activist shareholders may drive significant board and operational changes.