Shares of Supervalu (SVU) race 9.5% higher in premarket trading to reach their highest level in...

|By:, SA News Editor

Shares of Supervalu (SVU) race 9.5% higher in premarket trading to reach their highest level in over a month. The drive upward has been buoyed by speculation on how much a bidder would pay in a buyout to take on the challenge of running the Albertsons, Cub Foods, Jewel-Osco, and Save-A-Lot food chains.