SUPERVALU (SVU) Pulls Back Following Chatter; Cerberus to Sell Large Stake in Aozora
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UPDATE: SUPERVALU (SVU) said to be close to deal with Cerberus
January 4, 2013 1:48 PM EST(Updated - January 4, 2013 2:00 PM EST)
SUPERVALU Inc. (NYSE: SVU) pops higher on reports it is close to a deal with Cerberus.
According to reports from the WSJ, Cerberus would buy parts of Supervalu, then take a stake in the remaining assets. A deal is not yet final, the report said.... More
