Pre-Market Commentary & Reports For: (NYSE:SVU), (NYSE: PAL)
SUPERVALU INC. (NYSE: SVU), the food stores operator agreed to sell its five retail grocery banners to Cerberus-led investor group for $3.3 billion and the company named Sam Duncan as its CEO. SUPERVALU INC. (SUPERVALU) is a United States grocery channel. It operates in two segments: Retail food and Independent business. The Company leverages its distribution operations by providing wholesale distribution and logistics and service solutions to its independent retail customers through its Independent business segment. The Retail food segment...
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