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Strategies & Market Trends : Value Investing

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To: Dennis 3 who wrote (49845)10/22/2012 10:34:49 AM
From: E_K_S   of 78661
 
Re: SVU

The company was looking to sell all or part of the company and has been shopping it around. Maybe they have something in the works that might work w/ their long term restructure plans. Maybe selling the logistic business but locking in a long term service contract and/or some other mutual beneficial sale.

My last buy was a large chunk of their 2016 Debt. It's up over 5% today too.

I see the stock is now above $3.00/share + 38% trading 7x avg daily volume.
From Yahoo message board:

Cerberus Capital Management, LP as being the front runner to acquire all of Supervalu’s assets.
goo.gl

EKS
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