Supervalu Inc (SVU): A Deal That Helps This Struggling Grocery Retailer
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 16, 2013 - 4:46pm
Shares of the struggling grocery retailer and distributor Supervalu Inc. (NYSE:SVU) has jumped more than 14% recently, from $3.04 to $3.47 per share. The bullish momentum was built on the news that Supervalu would sell five of its grocery retail chains to a consortium of investors led by Cerberus Capital Management for around $3.3 billion. Cerberus [...]
January 16, 2013 - 4:46pm
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