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Saatchi & Saatchi Gets Lines of Credit:...

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From Times Staff and Wire Reports

Saatchi & Saatchi Gets Lines of Credit: Advertising conglomerate Saatchi & Saatchi reportedly has arranged lines of credit through 20 banks totaling $450 million over a three-year period to carry the company through financial straights until the completion of the sale of the majority of its consulting businesses, the Sunday Times of London reported.

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