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OTHER NEWS

From Times Staff and Wire Reports

L.A. Gear, Trefoil Consummate Deal: L.A. Gear Inc. and Trefoil Capital Investors L.P. have consummated the sale by L.A. Gear of $100 million in preferred stock to Trefoil. L.A. Gear also announced that with the completion of the sale, the previously announced renegotiated bank credit agreement went into effect. The bank line has been set at $200 million.


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