Home Theater Products International: The company said...
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Home Theater Products International: The company said Thursday that it has acquired a $7-million working capital line of credit with Bank of America at an interest rate of prime plus half a percentage point. That is greatly improved from its previous line of credit, the company said. The change will help it save about 8 cents per share each year, the Anaheim-based company said. Home Theater makes and sells consumer electronics, especially audio and video products.
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