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AMT Capital Services Inc. to Merge With Investors Financial Services Corp.


NEW YORK--(BUSINESS WIRE)--June 1, 1998--Alan M. Trager, Chairman of AMT See vPro.  Capital Services, Inc. (Capital Services), a mutual fund administrator servicing more than $7 billion in financial assets Financial assets

Claims on real assets.
, today announced the May 29 completion of the sale of Capital Services and related companies to Investors Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 Corp. (Investors Financial) (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 National market symbol: IFIN IFIN Integrated Farming Information Network ) in exchange for shares of Investors Financial.

Capital Services, which commenced operation in late 1992, has enjoyed a long-standing relationship with Investors Financial, having shared institutional clients Fisher Francis Trees & Watts; The Investment Fund for Foundations; and Harding, Loevner Management. Capital Services will operate from its present location in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
  as a wholly-owned subsidiary of Investors Financial.

Mr. Trager said: "Investors Financial made us an offer that satisfied our criteria regarding valuation, customer benefits, and the retention of our staff and facility. Investors Financial offers Capital Services the additional benefits of international capability for offshore funds, a larger asset base, infrastructure, and other functional capabilities. This transaction allows Capital Services' shareholders to convert our private equity investment into publicly-traded shares of Investors Financial, a company we know and respect."

Other companies owned by Mr. Trager include AMT Capital Advisors, L.L.C., a private investment and financial advisory firm, Advisors Asset Management, L.L.C., an asset management acquisition company, and AMT Capital Securities, L.L.C.

   CONTACT: Eleanor Hoagland
             AMT Capital
             telephone: 212-332-5204,
             [e-mail ehoagland@AMT-Capital.com]


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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Article
Geographic Code:1USA
Date:Jun 1, 1998
Words:235
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