Wang to Get $175-Million Credit Line: Wang...
Wang to Get $175-Million Credit Line: Wang Laboratories, Boston, announced that it has completed a deal to borrow up to $175 million. Officials said the agreement with CIT Group-Business Credit Inc., whose parent company is Manufacturers Hanover Corp., is part of Wang’s announced restructuring plan. Wang reported a $424-million loss for the fiscal year ended June 30.
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