UPDATE: SUPERVALU (SVU) Pops as LBO Odds Seen at 50%

Go back to UPDATE: SUPERVALU (SVU) Pops as LBO Odds Seen at 50%

LBO Speculation Hot and Heavy on SUPERVALU (SVU) as Cerberus Lines Up Financing

October 22, 2012 12:41 PM EDT

Adding 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 (SVU) Pops Higher After Getting 'Indications of Interest' from Several Parties

October 18, 2012 8:08 AM EDT

Supervalu, Inc. (NYSE: SVU) shares are popping in early market action following second-quarter results that missed the mark, but disclosure that the grocer received "indications of interest" in exploration of... More

Supervalu, Inc. (SVU) Misses Q2 EPS by 13c

October 18, 2012 8:01 AM EDT

Supervalu, 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