Grimsby chairman described Posh's initial bid for Bennett as "derisory", prompting a second offer last week, but that too was knocked back and Peterborough director of football Barry Fry has confirmed he will no longer pursue the teenage defender.
Fry told the Peterborough Evening Telegraph: "Grimsby contacted me to reject our improved and very reasonable offer, so that's the end of it as far as...
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Peterborough end Bennett interest