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OTHER NEWS - Oct. 9, 1996

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Times Staff and Wire Reports

Granny Goose Repays Oakland: The city loaned $2.25 million in July 1995 to once-struggling Granny Goose Foods Inc. Granny Goose executives recently lined up $7.5 million in additional financing from a Southern California lender, capital they said they couldn’t have raised without the city’s loan. After years of losing money, the company is breaking even and expanding, executives said.

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