Cerberus Group to Buy Supervalu Chains

Cerberus Group to Buy Supervalu Chains Play

Jan. 10 (Bloomberg) -- A Cerberus Capital Management LP-led investor group agreed to acquire Supervalu Inc.’s Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market grocery stores in a transaction valued at about $3.3 billion. Cristina Alesci reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

  • On Air Now

    Bloomberg West Watch Now

  • Next

    Bloomberg Bottom Line

blog comments powered by Disqus