Cerberus may add Bob Nardelli

Private equity firm Cerberus Capital Management LP reportedly has offered former Home Depot chief Robert Nardelli a position with the firm, but his former employer is crying foul, according to a CNBC report. Home Depot may block the move siting a non-compete clause in Nardelli's $200 million severance deal. While Cerberus doesn't directly compete with the retailer, it owns businesses that do, hence Home Depot's concerns.—Matthew Wurtzel

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