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Strategies & Market Trends : Value Investing

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From: E_K_S8/10/2006 10:11:55 AM
  Read Replies (2) of 78673
 
This investor believes SVU (SuperValue) is a bargain at current prices. 680 Million reasons . . . .

That amount calculates to about 11% of the total outstanding shares.

Yucaipa to Buy $680M of Supervalu Stock
Thursday August 10, 9:06 am ET
Supervalu Shares Up As Private Equity Firm Files to Acquire $680 Million Shares

(http://biz.yahoo.com/ap/060810/supervalu_yucaipa.html?.v=1 )

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I believe there is value but to buy 11% of the company??? The stock is under heavily institutional accumulation.

EKS
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