UTICA, N.Y. -- Victory Markets here has obtained a $2.5 million line of credit from one of its wholesalers, C&S Wholesale Grocers, Brattleboro, Vt. The agreement was disclosed last week during a preliminary hearing in the U.S. Bankruptcy Court for the Northern District of New York here. Clark Ogle, president and chief executive officer, told SN the money will be used to pay for the company's general cash needs as it operates under Chapter 11 protection. "That [line of credit] will give ...
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