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 Value
We are pleased to read that merger speculation involving SUPERVALU Inc. is more than idle chatter and that significant progress is being made with strategic deal talks involving Cerberus Capital Management LP.
Cerberus Said to Near to Buy Supervalu Grocery Chain
An investor group led by Cerberus Capital Management LP is nearing a deal to acquire some of grocery chain Supervalu Inc. (SVU)’s assets and become a shareholder in the remaining public company, said three people familiar with the matter.