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Non-Tech : E*Trade (NYSE:ET)
ET 16.44+1.0%Nov 26 3:59 PM EST

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To: Spytrdr who wrote (12514)3/13/2000 8:57:00 AM
From: Curtis E. Bemis  Read Replies (1) of 13953
 
E*TRADE to Acquire Nation's Largest Independent ATM Network
PR Newswire - March 13, 2000 08:40

Acquisition of Card Capture Services Expands 'High Touch'/'High Tech' Access To Growing Array of Financial Products and Services, Drives Adoption of Online Banking

MENLO PARK, Calif., March 13 /PRNewswire/ -- E*TRADE Group, Inc. (Nasdaq: EGRP) today announced that it has signed a definitive agreement to acquire Card Capture Services, Inc., the largest independent network of centrally-managed automated teller machines (ATMs) in the U.S. With Card Capture Services' 8,500 machines located in 48 states and three countries, E*TRADE will now be able to provide customers with a nationwide branded electronic physical presence to conduct an expanding array of financial transactions. The acquisition will be accounted for as a purchase. Other terms of the deal were not disclosed.

Remainder of news snip at---

marketwatch.newsalert.com
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