Performance Food Group Company (NYSE:PFGC) have signed a definitive agreement to acquire Eby-Brown Company, LLC from Dick Wake and Tom Wake on March 18, 2019. In fiscal year 2018, Eby-Brown Company, LLC have earned the revenues of $5.3 billion. The transaction is subjected to regulatory approval. The transaction is expected to close in the second quarter of calendar 2019. As of April 2, 2019, FTC granted the early termination notice. The transaction is expected to be neutral to slightly accretive to PFG’s Adjusted Earnings Per Share in fiscal 2020. Will Frame, David Tutrone, Pasha Kopelyan, Tim Hoffman, and Carmen Nepa of Deloitte Corporate Finance LLC acted as financial advisors to Eby-Brown Company.