Deadline Extended for Penn Traffic Bids

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.

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.

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