SYRACUSE, N.Y. — Penn Traffic Co. here said Monday it has offered Bay Harbour Management, which owns 23% of its shares, a seat on the board of directors, but only if the investment group signs a confidentiality agreement. "Thus far, Bay Harbour has declined to enter into such an agreement," Penn Traffic said in a press release. "The Penn Traffic board believes that providing Bay Harbour with access to the company's confidential information without restricting the actions that Bay Harbour may ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.