Supervalu (SVU) Pops Higher After Getting 'Indications of Interest' from Several Parties
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LBO Speculation Hot and Heavy on SUPERVALU (SVU) as Cerberus Lines Up Financing
October 22, 2012 12:41 PM EDTAdding more credence to private equity takeover speculation of SUPERVALU, Inc. (NYSE: SVU), Debtwire is now reporting that Cerberus Capital Management is seeking to arrange $4-$5 billion in debt financing to back a bid for the embattled grocery chain.
As noted earlier, credit... More
Supervalu, Inc. (SVU) Misses Q2 EPS by 13c
October 18, 2012 8:01 AM EDTSupervalu, Inc. (NYSE: SVU) reported Q2 EPS of $0.00, $0.13 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $8.04 billion versus the consensus estimate of $8.03 billion.
Outlook
The Company currently expects debt reduction for fiscal 2013 to be in the... More
