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Cerberus continues to move forward with a bid to take over Supervalu (SVU +4.1%), according to...

Cerberus continues to move forward with a bid to take over Supervalu (SVU +4.1%), according to Reuters. Knowing that Cerberus probably plans to sell off pieces of the supermarket operator itself, the board of Supervalu is considering if it could achieve the piecemeal sale on its own.
Comments (4)
  • The only piece of value is its Wholesale/Independent business the banners have not kept pace with the rest of the markets they operate in. They could have really had a push if they would have regionalized its operations once the down turn began instead of centralizing. Now they are just out of touch with their customer base in the regions they serve.
    25 Oct 2012, 04:52 PM Reply Like
  • Don't put your hand in the suitor's pocket.If the company can do better,do it.
    25 Oct 2012, 10:11 PM Reply Like
  • I could have told them not to buy Albertsons, but they forgot to ask me. Now I'm left holding a very large bag of near worthless stock.
    26 Oct 2012, 02:41 AM Reply Like
  • The last thing in the world this board should do is try and auction off the pieces of this thing. Sell it all to Cerberus. The board is incompetent. If they handle this we're likely to end up with a debt free company that owns a half dozen money losing, non competitive store names spread across the country and a bucket load of pension obligations.
    27 Oct 2012, 03:29 PM Reply Like
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