GRAND UNION ANTICIPATING $75 MILLION INVESTOR LOAN

WAYNE, N.J. -- Grand Union Co. here last week was anticipating a $75 million loan from a pair of new investors that would provide some breathing room to get its operations back in shape.While the company declined to confirm that the cash infusion was forthcoming, a spokesman for one of the chain's equity investors said last week negotiations with the potential new investors were likely to reach a

WAYNE, N.J. -- Grand Union Co. here last week was anticipating a $75 million loan from a pair of new investors that would provide some breathing room to get its operations back in shape.

While the company declined to confirm that the cash infusion was forthcoming, a spokesman for one of the chain's equity investors said last week negotiations with the potential new investors were likely to reach a positive conclusion at any time.

Grand Union officials did indicate last week th

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