94-1712. Issuer Delisting; Application To Withdraw From Listing and Registration; (Material Sciences Corporation, Common Stock, $0.02 Par Value) File No. 1-8803

[Federal Register Volume 59, Number 18 (Thursday, January 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-1712]


[[Page Unknown]]

[Federal Register: January 27, 1994]


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SECURITIES AND EXCHANGE COMMISSION
 

Issuer Delisting; Application To Withdraw From Listing and 
Registration; (Material Sciences Corporation, Common Stock, $0.02 Par 
Value) File No. 1-8803

January 21, 1994.
    Material Sciences Corporation (``Company'') has filed an 
application with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') and Rule 12d2-2(d) promulgated thereunder, to 
withdraw the above specified security from listing and registration on 
the American Stock Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing this 
security from listing and registration include the following:
    According to the Company, in addition to being listed on the Amex, 
its common stock is listed on the New York Stock Exchange, Inc. 
(``NYSE''). The Company's common stock commenced trading on the NYSE at 
the opening of business on October 15, 1993 and concurrently therewith 
such stock was suspended from trading on the Amex.
    In making the decision to withdraw its common stock from listing on 
the Amex, the Company considered the direct and indirect costs and 
expenses attendant in maintaining the dual listing of its common stock 
on the NYSE and on the Amex. The Company does not see any particular 
advantage in the dual trading of its common stock and believes that 
dual listing would fragment the market for the common stock.
    Any interested person may, on or before February 11, 1994 submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the exchanges 
and what terms, if any, should be imposed by the Commission for the 
protection of investors. The Commission, based on the information 
submitted to it, will issue an order granting the application after the 
date mentioned above, unless the Commission determines to order a 
hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 94-1712 Filed 1-26-94; 8:45 am]
BILLING CODE 8010-01-M