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UNI-MARTS CONSIDERING RESTRUCTURING OPTIONS

Uni-Marts Inc., which operates convenience stores and gas stations in Western New York, said it has hired PaineWebber Inc. to look into a variety of financial restructuring options, including the sale of all or part of the company.

The State College, Pa.-based company said it also is examining the possible creation of an Employee Stock Ownership Plan, as well as the sale of certain assets of the company.

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