Supervalu Spikes On Buyout Rumors

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

Topics:  supervalu   
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    The complexity of either company would make a buyout challenging, but the chatter reflects the low price tags that Wall Street currently places on the firms. Supervalu's stock fell as low as $4.05 earlier this week, though it has since rallied and closed ...
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  • SuperValu Spikes on Buyout Rumors
    NEW YORK ( TheStreet) -- SuperValu (SVU) is spiking on rumors of private equity interest in the grocer. SuperValu shares reached $17.89 earlier in the day, their highest point in eight months, before falling back a bit to $16.91. Since SuperValu CEO Craig ...
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