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:

- 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.

Print 18:48, 04 Jan 2013 - US Equities - Source: Newswires