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62 FR (11/12/1997) » 97-29701. Issuer Delisting: Notice of Application To Withdraw From Listing and Registration: (Brandywine Realty Trust, Common Shares of Beneficial Interest Par Value $.01) File No. 1-9106
97-29701. Issuer Delisting: Notice of Application To Withdraw From Listing and Registration: (Brandywine Realty Trust, Common Shares of Beneficial Interest Par Value $.01) File No. 1-9106
[Federal Register Volume 62, Number 218 (Wednesday, November 12, 1997)]
[Notices]
[Page 60737]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-29701]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting: Notice of Application To Withdraw From Listing
and Registration: (Brandywine Realty Trust, Common Shares of Beneficial
Interest Par Value $.01) File No. 1-9106
November 5, 1997.
Brandwyine Realty Trust (``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'' or ``Exchange'').
The reasons cited in the application for withdrawing the Security
from listing and registration include the following:
The Company has complied with Rule 18 of the Amex by filing with
such Exchange a certified copy of preambles and resolutions adopted by
the Company's Board of Trustees authorizing the withdrawal of its
Security from listing on the Amex and by setting forth in detail to
such Exchange the reasons for such proposed withdrawal, and the facts
in support thereof.
In making the decision to withdraw its Security from listing on the
Amex, the Company considered the direct and indirect costs and expenses
attendant on maintaining the dual listing of its Security on the New
York Stock Exchange (``NYSE'') and the Amex. The Company does not see
any particular advantage in the dual trading of its security and
believes that dual listing would fragment the market for its security.
By letter dated October 8, 1997, the Exchange has informed the
Company that its has no objection to the withdrawal of the Company's
Security from listing on the Amex. Trading in the Security on the NYSE
commenced on October 21, 1997 and concurrently therewith the Security
were suspended from trading on the Amex.
Any interested person may, on or before November 28, 1997, 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. 97-29701 Filed 11-10-97; 8:45 am]
BILLING CODE 8010-01-M
Document Information
- Published:
- 11/12/1997
- Department:
- Securities and Exchange Commission
- Entry Type:
- Notice
- Document Number:
- 97-29701
- Pages:
- 60737-60737 (1 pages)
- PDF File:
-
97-29701.pdf