[Federal Register Volume 60, Number 19 (Monday, January 30, 1995)]
[Notices]
[Pages 5750-5751]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-2208]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw from Listing
and Registration; (The Olsten Corporation, Common Stock, $.10 Par
Value, 4\7/8\% Convertible Subordinated Debentures due 2003, Warrants
to Purchases Class B Common Stock) File No. 1-8279
January 24, 1995.
The Olsten 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
securities (``Securities'') from listing and registration on the
American Stock Exchange, Inc. (``Amex'').
The reasons alleged in the application for withdrawing these
Securities from listing and registration include the following:
According to the Company, in addition to being listed on the Amex,
the Securities are listed on the New York Stock Exchange, Inc.
(``NYSE''). The Securities commenced trading on the NYSE at the opening
of business on December 15, 1994 and concurrently therewith the
Securities were suspended from trading on the Amex.
In making the decision to withdraw these Securities from listing on
the Amex, the Company considered the direct and indirect costs and
expenses attendant in maintaining the dual listing of the Securities on
the NYSE and the Amex. The Company does not see any particular
advantage in the dual trading of the Securities and believes that dual
listing would fragment the market for the Securities.
Any interested person may, on or before February 14, 1995, submit
by letter to the Secretary of the Securities [[Page 5751]] 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 Amex 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. 95-2208 Filed 1-27-95; 8:45 am]
BILLING CODE 8010-01-M
