SYRACUSE, N.Y. — The deadline for bids to buy Penn Traffic's stores has been extended for six more weeks after lender GE Capital agreed to a request for additional time from Charles Schumer, a U.S. Senator from New York. Penn Traffic, which operates 79 stores under the BiLo, P&C and Quality Market banners, is seeking to liquidate under Chapter 11 bankruptcy. The only bids reported as of Friday were a liquidation "stalking horse" offer for at least $36.5 million, and an offer by ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Salary Survey 2015

Registering for content on Supermarket News will give you INSTANT access 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’s FREE, 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 granted free access to SN we ask that you register 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.