Supervalu Spikes On Buyout Rumors

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

Topics:  supervalu   
BING NEWS:
  • UPDATE: Morgan Stanley Resumes SUPERVALU with Underweight on Expected Earnings Erosion, High Financial Leverage
    As Cerberus disclosed that it had offered $4/share for all of Supervalu (but failed to achieve financing), we believe the market may assume that a buyout of the rest of Supervalu is a possibility at some point (there is a standstill in place for 7 years).
    04/2/2013 - 10:45 pm | View Link
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