MINNEAPOLIS — Stock in Supervalu was up by more than 40% Monday, apparently driven by speculation of a leveraged takeover. Published reports, citing Debtwire, said Cerberus Capital Management was seeking $4 billion to $5 billion in debt financing to back a takeover bid for Supervalu. Also Monday, an analyst for JP Morgan reportedly upgraded ratings of Supervalu bonds on the 50% chance of a leveraged buyout. Read more: Supervalu Slows Price Cuts, Posts Loss Supervalu last week ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.