🍊 THE WEEKLY SQUEEZE

August 20, 2024

🚚 Performance Food Group Co. has agreed to pay $2.1 billion to acquire Riviera Beach-based food-service company Cheney Bros., one of the largest private companies in South Florida. (South Florida Business Journal $$$ and press release)

🎓 After documenting soaring payments to top aides brought in by Ben Sasse, who resigned abruptly as University of Florida president July 18, student reporters raised the prospect of tension between Sasse and UF board Chairperson Morteza “Mori” Hosseini. (The Independent Florida Alligator)

🤝 Brightline expects to ink a $330 million, eight-year deal with Miami-Dade County to allow the county to use Brightline’s tracks for commuter rail. Broward County is working on a similar deal but Palm Beach County doesn’t have a dedicated source of money to offer. (South Florida Business Journal $$$)

Robert Franklin “Bobby” Culpepper, a Palm Beach County commissioner from 1968 to 1976 and a former Jupiter mayor, died Aug. 13 at his Jupiter home at age 92. (The Palm Beach Post $$$)

 

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