[Federal Register Volume 64, Number 204 (Friday, October 22, 1999)]
[Notices]
[Page 57159]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-27595]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application To Withdraw From Listing
and Registration; (Forest Laboratories, Inc., Common Stock, Par Value
$.10 per Share, and Associated Rights To Purchase One One-Hundredth
Share of Series A Junior Participating Preferred Stock, Par Value $1.00
per Share) File No. 1-5438
October 18, 1999.
Forest Laboratories, 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 the securities specified above
(``Securities'') from listing and registration on the American Stock
Exchange LLC (``Amex'' or ``Exchange'').
The Securities have been listed on the Amex and, pursuant to a
Registration Statement on Form 8-A file with the Commission which
became effective on October 8, 1999, on the New York Stock Exchange,
Inc. (``NYSE''). Trading in the Common Stock of the Company commenced
on the NYSE at the opening of business on October 8, 1999.
The Company has complied with the rules of the Amex by filing with
the Exchange a certified copy of the preambles and resolutions adopted
by the Company's Board of Directors authorizing the withdrawal of the
Securities from listing on the Exchange and by setting forth in detail
to the Amex the reasons for such proposed withdrawal and the facts in
support thereof. The Amex has in turn informed the Company that it will
not interpose any objection to the withdrawal of the Company's
Securities from listing on the Exchange.
In making the decision to withdraw its Securities from the Amex
upon listing them on the NYSE, the Company considered the direct and
indirect costs, as well as the division of the trading market, which
would result from maintaining listings on both the NYSE and the Amex.
The Company's application relates solely to the withdrawal of the
Securities from listing on the Amex and shall have no effect upon the
continued listing and registration of the Securities on the NYSE.
Moreover, by reason of Section 12(b) of the Act and the rules and
regulations of the Commission thereunder, the Company shall continue to
be obligated to file reports with the Commission and NYSE under Section
13 of the Act.
Any interested person may, on or before November 8, 1999, submit by
letter to the Secretary of the Securities and Exchange Commission, 450
Fifth Street, N.W., Washington, D.C. 20549-0609, facts bearing upon
whether the application has been made in accordance with the rules of
the Exchange and what terms, if any, should 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. 99-27595 Filed 10-21-99; 8:45 am]
BILLING CODE 8010-01-M
