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BUSINESS
March 15, 1991 | MICHAEL FLAGG, TIMES STAFF WRITER
Cardis Corp., the Buena Park auto parts wholesaler and retailer that emerged from a bankruptcy reorganization 15 months ago, said Thursday that it lost $1.7 million last quarter and is seeking to restructure loans with two creditors. The company, which operates nine auto parts warehouses and 21 CarQuest retail stores in California, said it was also seeking more loans and considering issuing more stock to shore up its balance sheet, which is burdened with heavy debt.
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