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SUPERVALU Inc. Message Board

  • ruttster1 ruttster1 Oct 21, 2012 11:22 AM Flag

    Ron Burkle

    What is his plan for Acme and Shaws? Will he run into problems with Acme AND A & P, pathmarks all within vicinity of eachother? What are the odds he changes the names of all these chains to one name?
    Streamline into one chain, one ad, massive buying power, favorable contracts? Just a thought.

    Sentiment: Hold

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    • my cousin works for Cantor Fitzgerald and he thinks Cerberus Capital Management is buying the entire company for $5.50 per share and then will spin off various operations, but hold on to save-a-lot for five years and build it up. Lot of buyers want various divisions of supervalu. But only three private equity firms are thought to be interested in the entire company to split up themselves and sell off what they choose. But he agrees that we should hear by end of November.
      At $5.50 not a bad risk-reward at today's market price considering they are also cleaning house and driving a good cash flow. And as for a stock buyback, he thinks they will only do that if they don't sell the company. He hears that there are some members of the board who want more money and at least $7 a share. So that is why we have to see what people close to the negotiations are saying.

      • 1 Reply to l7u7c7k7
      • coincides with the debtwire article:

        Debtwire reported on Friday evening that Cerberus was in discussions with financing sources regarding a leveraged buyout of SVU. The article says that Cerberus plans to refinance the debt at SuperValu Inc. and leaves the debt at Albertson's in place. The sources of financing the LBO would include a new asset backed revolver, secured term loan, CMBS and $800-900mm of equity from Cerberus.

    • something is going on 2 weeks ago a total hiring freeze including partimers and now the shaws credit union is changing its name to a generic name tells me shaws wont be around much longer

9.43-0.06(-0.63%)Dec 19 4:02 PMEST

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