[Federal Register Volume 64, Number 212 (Wednesday, November 3, 1999)]
[Notices]
[Pages 59814-59815]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-28755]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application To Withdraw From Listing
and Registration; (IKON Office Solutions, Inc., Common Stock, No Par
Valance, and Associated Preferred Share Purchase Rights) File No. 1-
5964
October 28, 1999
IKON Office Solutions, Inc. (``Company'') has filed and application
with the Securities and Exchange Commission (``Commission''), pursuant
to Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and
Rule 12d-2(d) promulgated thereunder, to withdraw the above specified
securities (``Securities'') from listing and registration on the
Chicago Stock Exchange, Incorporated (``CHX'') and
[[Page 59815]]
the Philadelphia Stock Exchange, Inc. (``Phlx'') (the CHX and the Phlx
shall be referred to herein collectively as the ``Exchanges'').
The reasons cited in the application for withdrawing the Securities
from listing and registration on the Exchanges include the following:
The Securities of the Company have been listed for trading on the
CHX, the Phlx and the New York Stock Exchange, Inc. (``NYSE''). The
Board of Directors of the Company has authorized the withdrawal of the
Securities from the CHX and the Phlx in order to eliminate the costs
associated with such listings. Moreover, the Company does not see any
particular advantage in having its Securities trade on multiple
exchanges.
The Company has complied with the Exchanges' rules by filing with
each certified copies of the resolutions adopted by the Company's Board
of Directors authorizing the withdrawal of its Securities from listing
on the Exchanges and by setting forth in detail to the each Exchange
the reasons for the proposed withdrawal and the facts in support
thereof.
The CHX and the Phlx have each informed the Company that they have
not objections to the Company's withdrawal of its Securities from
listing on the respective Exchanges.
The Company's application relates solely to the withdrawal of its
Securities from listing on the CHX and the Phlx and shall have no
effect upon the continued listing of the Securities on the NYSE. 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 with the NYSE under Section 13 of
the Act.
Any interested person may, on or before November 18, 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, it 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. 99-28755 Filed 11-2-99; 8:45 am]
BILLING CODE 8010-01-M
