Cerberus Capital Partners, a New York-based private equity firm, is still considering multiple buyout options for Supervalu Inc,, including the grocery chain's entire Eden Prairie-based business or just its Albertsons stores, Wall Street Journal reports. Cerberus and Supervalu have mainly talked about an acquisition of the entire company for roughly $5 billion, but an Albertsons-only option has dominated recent discussions.
Supervalu's stock price took a hit last week after a report indicated progress toward a leveraged buyout had stalled.
Last month, the struggling grocery retailer announced that it is freezing wages for thousands of employees and cutting its 401K match.
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