WESTWOOD, Mass. -- Internet grocer Streamline.com here said it is talking with supermarkets and other potential financial partners in an attempt to raise funds to stay afloat. Streamline, which said in May it had hired an investment bank to seek financing alternatives, had $6.9 million in cash as of July 1, the end of its fiscal second quarter. Streamline spent between $3 million and $4 million during the quarter and has cut back on marketing expenses, founder and president Tim DeMello said ...
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