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Penn Traffic puts investor's reps on board
By Lisa Kerner
Charlotte, N.C., June 8 - Penn Traffic Co. increased the size of its board to nine and appointed Bay Harbour Management, LC representatives Kurt Cellar and Scott Sozio to the board on June 8 at the request of Bay Harbour.
Bay Harbour owns 23.1% of the Syracuse, N.Y.-based food distributor's outstanding stock, according to an amended schedule 13D filing with the Securities and Exchange Commission.
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