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Supervalu flies on talk of Save-A-Lot sale

Sep. 29, 2016 1:26 PM ETSUPERVALU Inc. (SVU) StockSVUBy: Clark Schultz, SA News Editor6 Comments
  • Supervalu (SVU +6.6%) spikes after Reuters reports that PE firm Onex has interest in acquiring the Save-A-Lot chain.
  • Sources indicate that Save-A-Lot could valued as high as $1.8B.
  • Shares of SVU reached $5 for the first time in over three weeks off the buzz.

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