Bloomberg: Supervalu courts buyersby Martin Moylan, Minnesota Public Radio
ST. PAUL, Minn. — Potential buyers are expressing interest in parts of Supervalu, but the company's financial advisers are reportedly asking potential buyers to bid for the entire grocery company, according to a Bloomberg News report.
The Bloomberg report cites unidentified people with knowledge of the matter, but analysts think it may be difficult to find one buyer for the entire company, which has lost about $1 billion over the past year.
A Supervalu spokesman declined to comment. The struggling operator of Cub Foods and several other chains put itself up for sale last month.