Our reporters are wrapping up the top five stories on their beats in 2013. This is the fourth in a series of posts by Nick Halter on the food and restaurant industries.
Supervalu Inc. sold its largest grocery store chains ... FULL ARTICLE AT Orlando Business Journal
A new Steward Health Care System labor contract covering almost 5,000 workers who are members of 1199SEIU United Healthcare Workers East includes protections for workers in the event of a sale of the health care system. The three-year contract ... FULL ARTICLE AT Boston Business Journal
Stephen Feinberg, the manager of Cerebrus Capital Management, disclosed, in a newly amended filing with the SEC, closing its entire holding in Tower International Inc (NYSE:TOWR). The fund sold out its remaining holding of around 1.9 million shared ... FULL ARTICLE AT Insider Monkey
Hedge Fund Elliott Proposes Celesio Breakup (WSJ) Hedge fund Elliott Capital Advisors considers drug wholesaler McKesson Corporation (NYSE:MCK) -0.33% $6.1 billion takeover offer for Germany’s Celesio AG CLS1.XE +0.35% too low, and is instead ... FULL ARTICLE AT Insider Monkey
Remington Outdoor Company yesterday morning approached its secured lenders seeking approval to add new holdco debt to its capital structure under a plan that allows some of sponsor Cerberus Capital Management’s limited partners to cash out of their interest ... FULL ARTICLE AT Forbes
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Cerberus Capital Management, L.P. is one of the largest private equity investment firms in the United States. The firm is based in New York City, and run by 50-year-old financier Steve Feinberg. Former U.S. Vice President Dan Quayle has been a prominent Cerberus spokesperson and runs one of its international units.
Founded in 1992, Cerberus is named for the mythological three-headed dog that... Full Article At Wikipedia.org