FIRST FINANCIAL <FFMC> ACQUIRES TEL-A-DATA
First Financial Management Corp said it
acquired the data processing contracts and certain related
assets of Tel-A-Data L.P. for about 5.7 mln dlrs cash plus the
assumption of certain liabilities of about 2.5 mln dlrs.
    Tel-A-Data serves about 50 bank and thrift institutions
through a processing center in Lombard, Illinois.
    First Financial offers data processing services to over 800
financial institutions through 35 data processing centers.
 Reuter
