Legislator Seeks Extension for Penn Traffic Bids

Sen. Charles Schumer, D-N.Y., has asked GE Capital, one of the largest creditors of bankruptcy chain Penn Traffic, to give the company more time to seek bids.

SYRACUSE, N.Y. — Sen. Charles Schumer (D-N.Y.) has asked GE Capital, one of the largest creditors of bankruptcy chain Penn Traffic here, to give the company more time to seek bids, according to a report Friday on Syracuse.com.

Register to view the full article

TAGS: News