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Cerberus Reviewing Financials and Considering a Bid for Blackberry
Tuesday, October 15, 2013 - 4:33pm | 307Cerberus Capital Management LP signed a nondisclosure agreement with Blackberry (NASDAQ: BBRY) to gain access to the company's financial information. The private-equity firm will use the financials to formulate a bid to acquire all of Blackberry. After a 45 percent hit in sales and $965M loss...
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Cerberus May Buy Struggling Supervalu
Monday, December 3, 2012 - 12:02pm | 427Cerberus Capital Management LP is working with Supervalu, Inc. (NYSE: SVU) on a possible acquisition deal to buy Supervalu's entire business. Supervalu, a conglomeration of several grocery store chains, has struggled for a number of years due to intense competition from other grocers, discount...