NDAQ » Topics » Sale of Building

This excerpt taken from the NDAQ 10-K filed Feb 25, 2008.

Sale of Building

 

In June 2005, we completed the sale of the building we owned in Rockville, Maryland located at 9513 Key West Avenue to FINRA for $17.8 million.

 

This excerpt taken from the NDAQ 10-K filed Feb 28, 2007.

Sale of Building

 

In June 2005, we completed the sale of the building we owned in Rockville, Maryland located at 9513 Key West Avenue to NASD for $17.8 million. See Note 5, “Cost Reduction Program, INET Integration and Strategic Review,” for further discussion.

 

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The Nasdaq Stock Market, Inc.

 

Notes to Consolidated Financial Statements—(Continued)

 

This excerpt taken from the NDAQ 10-Q filed May 10, 2006.

Sale of Building

 

As part of our real estate consolidation plans, in April 2006, we decided to sell the building we currently own and occupy in Trumbull, Connecticut. An estimated loss on the sale of the building of approximately $5.0 million will be recorded in the second quarter of 2006.

 

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The Nasdaq Stock Market, Inc.

 

This excerpt taken from the NDAQ DEF 14A filed Apr 21, 2006.

Sale of Building

 

In June 2005, we completed the sale of the building we owned in Rockville, Maryland to NASD for $17.8 million. This facility was our disaster recovery site. Effective September 2005, we relocated our disaster recovery site to a third party outsource facility.

 

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This excerpt taken from the NDAQ 10-K filed Mar 15, 2006.

Sale of Building

 

In June 2005, Nasdaq completed the sale of the building it owned in Rockville, Maryland located at 9513 Key West Avenue to NASD for $17.8 million. See Note 4, “2005 and 2004 Cost Reductions and Strategic Review,” for further discussion.

 

This excerpt taken from the NDAQ 10-Q filed Nov 8, 2005.

Sale of Building

 

In June 2005, Nasdaq completed the sale of the building it owned in Rockville, Maryland located at 9513 Key West Avenue to NASD for $17.8 million. Nasdaq’s management had decided to sell the building in 2004. The building was classified as held-for-sale and was included in land, buildings and improvements in the Condensed Consolidated Balance Sheets with a carrying value of $17.6 million at December 31, 2004. This facility was Nasdaq’s disaster recovery site. In September 2005, Nasdaq relocated its disaster recovery site to a third party outsource facility. See “Other,” of Note 11, “Commitments and Contingencies,” for further discussion.

 

This excerpt taken from the NDAQ 10-Q filed Aug 9, 2005.

Sale of Building

 

In June 2005, Nasdaq completed the sale of the building it owned in Rockville, Maryland located at 9513 Key West Avenue to NASD for $17.8 million. Nasdaq’s management had decided to sell the building in 2004. The building was classified as held-for-sale and was included in land, buildings and improvements in the Condensed Consolidated Balance Sheets with a carrying value of $17.6 million at December 31, 2004. This facility was Nasdaq’s disaster recovery site. Effective September 2005, Nasdaq will relocate its disaster recovery site to a third party outsource facility. See “Other,” of Note 11, “Commitments and Contingencies,” for further discussion.

 

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