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SUPERVALU Inc. Message Board

  • cash_is_king_now cash_is_king_now Jan 29, 2013 11:03 AM Flag

    Most institutions have cost above $4

    They will not tender and they they will not be happy if shares are diluted. There may be a competition for Cerberus who may offer a tender above $4 if Cerberus does not raise the tender target price.

    Sentiment: Buy

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    • Cash is king:

      "they they will not be happy if shares are diluted."

      I guess you believe they would be happier holding undiluted shares at pre-tender prices?

      Back to sleep, bub.

      New Merc

      • 1 Reply to newmercedes320
      • I personally don't think it will be any dilution since Cerberus may have worked with some affiliates who were bought many shares around $3.50 or lower. It may be illigal but what if affiliates act on their owns and share some profit with Cerberus.
        So, $4 may be bottle neck but one or two weeks after tender expiration, the price will go above $4 as most large tender have done before. So, expect a V shape after the tender as most stocks in this situation have acted.
        So, if you have long term view or your cost is above $4, still you may get your money and more.

        Sentiment: Buy

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