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Tuesday March 10, 8:43 am Eastern Time
Company Press Release
ICCI Hires Investment Bankers for Assistance With Acquisition Plan
HOUSTON--(BUSINESS WIRE)--March 10, 1998--International Casino Cruises Inc. (OTC BB:ICVI - news) hired Freeport Financial Services Ltd., the international investment banking division of Freeport Merchant Bank (Nassau) Ltd., to assist the company in implementing its business plan and methods of enhancing shareholder value.
Freeport has representatives in financial centers throughout the European Union (EU) as well as Houston. The company has selected Freeport because their representatives have many years of experience in the development of, and acquisitions of major brand gas -- convenience stores, as well as their resources with EU securities exchanges, brokers, market makers and ''Buy and Hold'' investors.
Freeport will help the company accelerate its acquisition program of acquiring convenience stores through its subsidiary Convenience Concepts Inc. (CCI) and exposing ICCI shares to long-term investors.
ICCI's management said, ''We are very pleased with our new relationship with Freeport and were pleasantly surprised when they delivered the first three Houston area convenience store acquisitions within the first week of their engagement. Freeport is currently negotiating for several other Houston area acquisitions on behalf of the company. We look forward to their further assistance with acquisitions and exploring methods together of increasing our shareholder value.''
Learn more by contacting Convenience Concepts, Inc. at 1701 Brun Street, Suite 100, Houston, Texas 77019. Tel. 713-520-6416 Fax 713-520-6512.
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