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An activist investor pressuring Supervalu Inc. to consider a sale says the grocery chain’s board has ignored at least four expressions of interest from potential buyers for all or part of the company. Blackwells Capital, which owns about an 8 percent stake in Supervalu, is seeking six seats the company’s nine-member board. The investor contends that about $5 billion…

The New York City-based activist investor is an alternative investment-management company run by a 38-year-old on the hunt for deals. Here’s what he told us. READ MORE>>

CEOs beware: Surging stock prices have done little to placate activist investors. Activists are launching campaigns at a record pace as the rise in passive investing pressures fund managers to find new ways to beat the market and letting the rabble-rousing investors into boardrooms becomes less taboo. Activists spent $40 billion targeting 136 companies with…

Supervalu is in the midst of a proxy war with an activist investor for control of the company’s board, a battle that ultimately could determine the future size of the Fortune 500 company and perhaps threaten its very existence. READ MORE>>

The vote for effective control of Supervalu Inc.’s board is about a month away and the feud between the company and an activist investor is still ramping up. READ MORE>>