- Blackwells Capital posts an open letter to the Supervalu (NYSE:SVU +1.5%) board of directors.
- The alternative investment firm says there is significant value in Supervalu that needs to be unlocked after years of "continuous value destruction" as a result of misguided and haphazard strategy.
- Blackwells is pushing for board representation and wants to know why the Supervalu annual meeting hasn't been scheduled yet.
- The firm holds an ownership stake of 5.2% in Supervalu.
- Source: Press Release
Recommended For You
More Trending News
See More »