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.
- 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.
18:48, 04 Jan 2013 -
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