foodservice company us foods holding corp’s stock usfd fell 34 in premarket trade tuesday after the company said shareholder kkr fresh holdings lp is offering 174 million of its shares most of those will consist of common stock issuable upon the conversion of 371044 shares of its series a convertible preferred stock held by the shareholder us foods will not receive any of the proceeds morgan stanley is sole underwriter on the deal the company said it plans to repurchase about 150 million of the shares being offered at the same price to be paid by the underwriter to the selling shareholder the stock has gained 22 in the year to date while the sp 500 spx has gained 9