News Headline Summary

Cerberus and Supervalu (SVU) close to a deal according to a source

- Cerberus would buy parts of Supervalu and take stake in rest.

Reaction details (21:18)

- SVU shares increase 9.77% in immediate reaction to the news from USD 2.57 to USD 2.82.
- 30 minutes following the initial reports SVU shares gained 19% to print a high of USD 3.055.

04 Jan 2013 - 20:47 - Equities - Source: Newswires

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