Penn Traffic to sell wholesale business for $43 million

The Penn Traffic grocery chain will sell its wholesale business for $43 million to C&S Wholesale Grocers in Keene, N.H. The New York-based grocer will focus on its 91 retail stores while the sale helps to boost its capital structure.

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Newsday (Long Island, N.Y.) (subscription required) · YNN Central New York (Syracuse)

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