INVESTMENT GROUP GETS PENN TRAFFIC BOARD SEATS SYRACUSE, N.Y. — An investment group that has acquired a 23% stake in Penn Traffic Co. here said last week it had succeeded in placing two representatives on the supermarket operator's board of directors. Kurt Cellar, a partner in New York-based Bay Harbour Management, and Scott Sozio, an analyst at the firm, were both added to board. Penn Traffic, which operates 106 supermarkets under the P&C, BiLo and Quality banners, previously had said ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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 a complimentary copy of SN's salary survey sent to you by email.
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.