Internet America Obtains a $2.0 Million Acquisition Credit Facility to Provide an Additional Funding Source for Its Acquisition Program
HOUSTON, TX — (Marketwired) — 11/01/13 — Internet America, Inc. (OTCBB: GEEK), a Houston-based provider of Internet access services, announced today that on October 28, 2013, it obtained a $2.0 million acquisition credit facility (the "Acquisition Facility") from Frost Bank. The Acquisition Facility will be available to the Company to fund as much as 55% to 65% of the costs of its future acquisitions of domestic wireless internet service provider companies.Billy Ladin, CEO of Inter
