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