Cerberus Seen as a ‘Stopping Point’ for Chains

Cerberus Seen as a ‘Stopping Point’ for Chains

“Cerberus may merely be a stopping point for some of the Supervalu assets before they find a permanent home with operational buyers.” — John Heinbockel, managing director, Guggenheim Securities

NEW YORK — The investor group led by Cerberus Capital Management here that is buying five retail chains from Supervalu is likely to operate some and sell off others, though it remained unclear last week which could be sold, who the buyers might be or when those deals might transpire.

“Cerberus is a money-generating company that definitely would flip whatever it can flip as quickly as it can flip it

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