Business Services Industry
Columbia Capital Acquires First Independent Computers
Business Wire, Sept 23, 1997
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 23, 1997--Columbia Capital Corp. announced today the acquisition of 100 percent of the stock of First Independent Computers Inc. (OTC Bulletin Board: FICI).
FICI, located in Abilene, Texas, is comprised of three primary businesses: (a). credit card service support and transaction processing, (b). banking/financial services and data processing, and (c). document management and distribution services. FICI currently processes for approximately 100,000 credit card accounts.
Effective at the opening of trading today, the shares of Columbia Capital Corp. will trade on a post 2-1 reverse split basis.
CONTACT: Martin E. Janis & Co. Inc., Chicago
Bev Jedynak, 312/943-1100
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