PENN TRAFFIC CLOSES 45 ACME STORE DEAL

SYRACUSE, N.Y. -- Penn Traffic Co. here said it has completed its acquisition of 45 Acme stores from American Stores Co., Salt Lake City, for approximately $94 million.res in northeastern Pennsylvania under a settlement agreement with the Federal Trade Commission.Those stores are in Towanda, Mount Carmel and Pittston, Pa., where both Acme and Penn Traffic have been competing. Under the settlement,

SYRACUSE, N.Y. -- Penn Traffic Co. here said it has completed its acquisition of 45 Acme stores from American Stores Co., Salt Lake City, for approximately $94 million.

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