CHICAGO -- Indecorp the largest black-owned banking company in the country, with $267 million in assets, signed a letter f intent to be acquired by an African-American investor group from Detroit.

The investor group is headed by William T. Johnson, a Detroit banker and cable television franchiser who bought a troubled savings bank in 1988 in River Rouge, Michigan The Bank, now called Omni Banc Corp., had assets of $22 million at yearend 1992.

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