MutualFundWire.com: Nasdaq on the Move?
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Tuesday, October 23, 2001

Nasdaq on the Move?


According to The Wall Street Journal, the Nasdaq Stock Market is considering moving from Manhattan's Downtown to Midtown. Currently located at 1 Liberty Plaza, the Nasdaq is on the rim of ground zero. The market is looking at space in the Conde Nast building on Times Square.

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The plan was for the bankrupt Comdisco Inc to sell its computer services business to SunGard DAta Systems, Inc., according to an article in The Chicago Tribune. However, that effort may have been derailed by the federal government over alleged antitrust violations. This could bring Hewlett-Packard's bid back into play.


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