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December 5, 1993

TANDY RECIEVES PRE-PAYMENT FROM INTERTAN

By CBR Staff Writer

Fort Worth, Texas-based Tandy Corp reports that it has received prepayment from the InterTAN Inc unit it spun out on outstanding short-term loans: the $43.5m payment is the principle of restructured accounts-payable balances, and now owes $7.37m, although it has an additional outstanding balance of $52m from two long term notes due August 25 1996 and August 25 2000.

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