Supervalu Clips

May 3rd, 2013

What’s Going On With Supervalu? Seeking Alpha As per agreement, it will sell 877 stores from Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-on in-store pharmacies to AB Acquisition LLC. S&P puts ...(Read More)

May 3rd, 2013

Breaking news – Supervalu announces deal with Cerberus Supervalu announced today that it was selling 4 banners: Jewel (Chicago), Albertsons (Southern CA, WA, OR, and interior West), Acme (Philadelphia), and Shaw’s/Star Market (New England) to...(Read More)

May 3rd, 2013

Cerberus Says It’s Close to Deal with SuperValu: Business Roundup Eden Prairie Patch After months of negotiations, Eden Prairie-based SuperValu and Cerberus Capital Management LP are nearing a sales deal. Cerberus Thinks Supervalu Is A Super Va...(Read More)

May 3rd, 2013

Supervalu stock surges on reports of talks with Cerberus Chicago Tribune Supervalu stock closed up nearly 14 percent, to $2.90, after reports that the Eden Prairie, Minn.-based grocery chain is on the verge of selling its Albertsons and Save A Lot ch...(Read More)

May 3rd, 2013

Why SUPERVALU Shares Popped The Motley Fool Shares of SUPERVALU climbed as high as 12% today on a report that private equity firm Cerberus is still willing to pursue options for the embattled grocery store chain. Cerberus May Buy Struggling Supervalu...(Read More)

May 3rd, 2013

Supervalu sale talks with Cerberus said to stall Cerberus Capital Management LP’s pursuit of grocery chain Supervalu Inc. has stalled because the private-equity firm has had trouble obtaining the funds for a leveraged buyout, said people familiar w...(Read More)

May 3rd, 2013

Supervalu: Should I Stay Or Should I Go? Seeking Alpha While the company tries to keep the wolves away it is actively looking for a private equity firm or a white knight to come to its rescue....(Read More)

May 3rd, 2013

Genuardi’s store in Evesham to shut; Glassboro Acme shutdown Courier-Post Two more area supermarkets have been put on the chopping block, with one already closed and the other about to pack its bags. SUPERVALU (SVU) – Options Insight Avaf...(Read More)

May 3rd, 2013

Weymouth employees included in Shaw’s layoffs Weymouth Local The scene at Shaw’s on Middle Street was quiet Nov. 2, despite an announcement by the supermarket’s corporate headquarters that some of its employees would be laid off the next da...(Read More)

May 3rd, 2013

Shaw’s says it’s laying off 700 Boston Globe Blaming a weak economy and fierce competition from other retailers, Shaw’s Supermarkets of West Bridgewater said Friday that it’s laying off 700 workers. Supervalu makes another executive change Mi...(Read More)

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