NEW YORK — Law firm Haynes and Boone here was honored for its work to facilitate the sale of Penn Traffic’s assets to Tops Friendly Markets by the trade journal M&A Advisor, which named the transaction its “Distressed M&A Deal of the Year” under $100 million. Penn Traffic filed for Chapter 11 bankruptcy protection in November of 2009, and put itself up for auction. Substantially all of its assets were sold to regional competitor Tops a little more than two months later for a price ...
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