<p>A person familiar with the matter has recently shared that Cerberus Capital Management LP (CCM) has made a bid for Harris Teeter Supermarkets Inc. Cerberus is considering astructure in which part of the East Coast grocery chain would remain publicly traded according to the Wall Street Journal.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">After having acquired several grocery chains from Supervalu Inc. earlier this year, Cerberus shifted its attention to Harris Teeter which has shown interest in a potential sale for several years. With a market capitalization of roughly $2.3 billion, CCM is not yet certain whether it will attempt to buy the entirety of Harris Teeter or leave a portion available to public shareholders.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">It is still possible, however, that other bidders will become involved as shares rose more than 2% to $47.02 on Wednesday. According to the source, Cerberus envisions keeping the Harris Teeter management team and its North Carolina headquarters intact, unlike Supervalu where it brought its own leadership team. </p><hr class="legacyRuler"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href=" http://online.wsj.com/article/SB10001424127887323419604578569370541050436.html" target="_new">Wall Street Journal Reports </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
