HICKS/HAAS GROUP HAS SPECTRADYNE &lt;SPDY.O> FUNDS
  SPI Holding Inc, a group consisting of
  Hicks and Haas and Acadia Partners LP, said it has received
  commitments for the senior bank financing needed to complete
  its proposed acquisition of Spectradyne Inc for 46 dlrs a share
  in cash or securities, or a total of about 452 mln dlrs.
      The transaction was conditioned on the arrangement fo
  financing by today.
      It said it has also executed multi-year employment and
  non-competition agreements with five Spectrayne senior managers.
  

