Cerberus May Buy Struggling Supervalu
December 03, 2012 at 11:02 AM EST
Cerberus Capital Management LP is working with Supervalu, Inc. (NYSE: SVU ) on a possible acquisition deal to buy Supervalu's entire business. Supervalu, a conglomeration of several grocery store chains, has struggled for a number of years due to intense competition from other grocers, discount retailers, and big