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    Cerberus to Grab Supervalu?

    Takeover bid reportedly in the works

    Cerberus Capital Management is working on a takeover bid for Minneapolis-based Supervalu Inc. and has held talks with lenders to line up financing, Reuters has reported.

    Supervalu declined to comment beyond its statement last week that the company has received several indications of interest and was in “active dialogue” with several parties.

    More information is in the complete Reuters report.

     

     

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