PENN TRAFFIC SEEKS TO BUY PETER'S

SYRACUSE, N.Y. -- Penn Traffic here, which has been operating under Chapter 11 since May 2003, plans to make an offer on two stores in this area operated by Peter's Groceries, which has been operating under Chapter 11 since February 2003.Peter's is a wholesale customer of Penn Traffic.The U.S. Bankruptcy Court in Utica, N.Y., which has been overseeing Peter's Chapter 11, scheduled a Dec. 8 auction

SYRACUSE, N.Y. -- Penn Traffic here, which has been operating under Chapter 11 since May 2003, plans to make an offer on two stores in this area operated by Peter's Groceries, which has been operating under Chapter 11 since February 2003.

Peter's is a wholesale customer of Penn Traffic.

The U.S. Bankruptcy Court in Utica, N.Y., which has been overseeing Peter's Chapter 11, scheduled a Dec. 8 auction on the company's stores. Three of the stores are closed, while the two that

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