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

|By:, SA News Editor

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.