Electronic Payment Services Inc. has offered $8 million to buy a small Louisiana-based automated teller machine network, according to a well-placed source.

The acquisition would be the first for one-year-old EPS, a joint venture by CoreStates Financial Corp., Banc One Corp., PNC Bank Corp., and Society Corp. The firm is bidding high for the network, called Gulfnet, which generated $4 million in revenues last year.

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