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Ameritrade Announces Sale of Data Center.


Business Editors

OMAHA Omaha, city, United States
Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857.
, Neb.--(BUSINESS WIRE)--Jan. 7, 2003

Ameritrade Holding Corporation (Nasdaq:AMTD AMTD Arithmetic Mean Temperature Difference
AMTD Automatic Magnetic Tape Distribution
AMTD Affordability and Manufacturing Technology Demonstration
) today completed the sale of its Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850).  data center facility. Ameritrade will lease approximately 20% of the facility that it currently occupies for a minimum five-year period. This will allow the Company's data center operations and backup capabilities to remain the same.

The facility was sold to Mastercard MasterCard Worldwide (NYSE: MA) is a mutinational corporation based in Purchase, NY in the United States. Throughout the world, its principal business is to process payments between the banks of merchants and the banks of purchasers that use its "Mastercard" branded debit- and  International, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 for $23.5 million in cash. The Company will record a gain on the sale of the facility of approximately $9.2 million.

About Ameritrade Holding Corporation

Ameritrade Holding Corporation (www.amtd.com) has a 27-year brokerage history of providing a self-directed approach to investment services. The Company, through its Private Client and Institutional Client divisions, provides tiered levels of brokerage products and services tailored to meet the varying investing, trading and execution needs of individual investors, financial institutions and corporations.
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Publication:Business Wire
Geographic Code:1USA
Date:Jan 7, 2003
Words:146
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