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Article: Matrix Capital Corporation Announces Acquisition of The Vintage Group Inc.
- Article from:
- PR Newswire
- Article date:
- February 5, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DENVER, Feb. 5 /PRNewswire/ -- Matrix Capital Corporation (Nasdaq: MTXC) (the "Company") announced today that it completed the acquisition of The Vintage Group Inc. ("Vintage") by issuing 779,585 shares of the Company's common stock in exchange for all of the Vintage stock outstanding. Vintage, a Texas based company, has two subsidiaries, Sterling Trust Company ("Sterling Trust") and Vintage Financial Services Corporation ("VFSC"). Sterling Trust was incorporated in 1984 as a Texas independent, non-bank trust company specializing in self-directed qualified retirement plans, individual retirement accounts, custodial, and directed trust accounts. At Dec. 31, 1996, ...