94-32307. Issuer Delisting; Notice of Application To Withdraw From Listing and Registration; (Pratt & Lambert United, Inc., Common Stock, $.01 Par Value) File No. 1-994  

  • [Federal Register Volume 60, Number 1 (Tuesday, January 3, 1995)]
    [Notices]
    [Page 167]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 94-32307]
    
    
    
    -----------------------------------------------------------------------
    
    
    SECURITIES AND EXCHANGE COMMISSION
    
    Issuer Delisting; Notice of Application To Withdraw From Listing 
    and Registration; (Pratt & Lambert United, Inc., Common Stock, $.01 Par 
    Value) File No. 1-994
    
    December 27, 1994.
        Pratt & Lambert United, Inc. (``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 (``Security'') from listing and registration on the American 
    Stock Exchange, Inc. (``Amex'').
        The reasons alleged in the application for withdrawing the Security 
    from listing and registration include the following:
        According to the Company, in addition to being listed on the Amex, 
    the Security from listing and registration include the following:
        According to the Company, in addition to being listed on the Amex, 
    the Security is listed on the New York Stock Exchange, Inc. (``NYSE''). 
    The Security commenced trading on the NYSE at the opening of business 
    on December 7, 1994 and concurrently therewith the Security was 
    suspended from trading on the Amex.
        In making the decision to withdraw the Security from listing on the 
    Amex, the Company considered the direct and indirect costs and expenses 
    attendant on maintaining the dual listing of its securities on the NYSE 
    and on the Amex. The Company does not see any particular advantage in 
    the dual trading of the Security and believes that dual listing would 
    fragment the market for the Security.
        Any interested person may, on or before January 18, 1995 submit by 
    letter to the Secretary of the Securities and Exchange Commission, 450 
    Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon whether 
    the application has been made in accordance with the rules of the 
    exchange 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. 94-32307 Filed 12-30-94; 8:45 am]
    BILLING CODE 8010-01-M
    
    

Document Information

Published:
01/03/1995
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
94-32307
Pages:
167-167 (1 pages)
PDF File:
94-32307.pdf