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August 12, 1987

FIRST FINANCIAL MANAGEMENT TO ACQUIRE AMERICAN AUTOMATED AND ON-LINE TERMINAL SERVICES

By CBR Staff Writer

First Financial Management Corp says it has a letter of intent to acquire American Automated and On-Line Terminal Services Inc of Atlanta, providing it with the opportunity to offer better mortgage processing services to existing customers and accelerate growth: the price of $4.3m will be met in a combination of cash and shares.

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