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Supervalu dives as big shareholder looks to cash out
2015-04-30 15:07:53| Grocery - Topix.net
Shares of Supervalu Inc. lost nearly 10 percent of their value Wednesday as its largest shareholder said it was moving to shed some of its holdings. The Star Tribune reports on the move by Symphony Investors, a group led by Cerberus Capital Management , which was instrumental in the 2013 deal by Eden Prairie-based Supervalu to sell off several grocery store chains.
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Category:Food and Related Products