Supervalu Spikes On Buyout Rumors

SuperValu is advancing on Friday as chatter arises that it could be taken private.

Topics:  supervalu   
BING NEWS:
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    Some of the world's largest buyout firms are preparing offers for the Save-A-Lot business, making an outright sale of the U.S. discount grocery chain more likely than a spin-off, Reuters reported on Friday, citing people familiar with the matter.
    08/2/2016 - 10:50 pm | View Link
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    Analysts at Deutsche Bank have maintained their “Hold” on SUPERVALU INC. (NYSE: SVU) , while lowering their estimates for the company. It also has reduced the price target by $3 to $14, citing, Kroger's EPS miss yesterday highlighted some key headwinds ...
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