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Business
Fort Sill Apache Tribe loses interest in firm


The Fort Sill Apache Tribe of Oklahoma won't buy an interest in a technology services company, chairman Jeff Houser said.

Houser said the tribe asked Advancia Corp. for financial records and for the removal of a board member. But the company refused to provide information, he said.

The deal was a way for the tribe to diversify its business beyond gaming. Advancia provides technical services to government clients in the defense, homeland security and aviation markets will make an estimated $20 million next year.

Advancia wanted the tribe's stake in order to tap the growing minority business contracting market.

Get the Story:
Advancia loses nod from tribe (The Daily Oklahoman 10/7)