FIRST FINANCIAL <FFMC> BUYS CONFIDATA
First Financial Management Corp said it
acquired Confidata Corp, a unit of <North Ridge Bank>, paying
500,000 dlrs in cash and pledging a guarantee on a 500,000 dlr
Confidata note held by North Ridge.
First Financial, which provides data processing services to
community banks and other financial institutions, said the
acquisition will expand its customer base.