Current management failed to come up with a winning strategy to fend off the competition at the low end with Wal-Mart and at the high end. There is no strategy other than cutting costs. |
I think $26 became less attractive given the extra risks. They're running their negotiations as well as they seem to be operating their stores, which is pretty darn poorly. |
It was a hairy deal. It had four different moving parts, so you can imagine the concern. I think $26 became less attractive given the extra risks. |
People were looking for a quick $26 and to go home, and now there is that uncertainty. Will they be able to find a new set of players? |
The shareholders are giving this a huge Bronx cheer. |
This deal would really vault Supervalu into the big time. It will significantly increase the scale of Supervalu. |
This is not what Larry Johnston envisioned when he took on the job, but amid relentless competition there was just a very long path to profitability. |
When the average investor wants to know how the market is doing, they're asking how the Dow is doing. |