The WSJ firms up speculation that Cerberus is interested acquiring Supervalu (SVU) saying that...

|By:, SA News Editor

The WSJ firms up speculation that Cerberus is interested acquiring Supervalu (SVU) saying that the P-E firm is working with real-estate firms on a $5B+ bid for the struggling retailer, whose liabilities are $6B. A proposal deal would include $800M-$900M to take Supervalu private, well above its market cap of $643M. Cerberus and its partners, which include Kimco Realty (KIM), hope to reprise the turnaround success they achieved with Supervalu peer Albertsons.