[Federal Register Volume 62, Number 242 (Wednesday, December 17, 1997)]
[Notices]
[Pages 66152-66153]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-32820]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Ballantyne of Omaha, Inc., Common Stock, $.01 Par
Value) File No. 1-13906
December 11, 1997.
Ballantyne of Omaha, 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, 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 Security recently was listed for trading on the New York Stock
Exchange (``NYSE'') pursuant to a Registration Statement which became
effective December 1, 1997. Trading in the Security commenced on the
NYSE on December 5, 1997. The Company's Board of Directors determined
that in order to avoid the costs and the division of the market
resulting from a dual-listing, the Security should be withdrawn from
listing and registration on the Amex.
The Company has complied with Amex Rule 18 by filing with the
Exchange a certified copy of the resolutions adopted by the Company's
Board of Directors authorizing the withdrawal of the Security from
listing and registration on the Amex, and by setting forth in detail to
the Exchange the reasons and facts supporting the withdrawal.
In making the decision to withdraw its Security from listing and
registration on the Amex, the Company also considered the increased
visibility and liquidity that a listing on the NYSE may provide.
By letter dated November 14, 1997, the Amex informed the Company
that it had no objection to the withdrawal of the Company's Security
from listing and registration on the Amex.
By reason of Section 12(b) of the Act and the rules thereunder, the
Company shall continue to be obligated to file reports with the
Commission and the Exchange under Section 13 of the Act.
Any interested person may, on or before January 6, 1998, submit by
letter to the Secretary of the Securities and Exchange Commission, 450
Fifth Street,
[[Page 66153]]
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. 97-32820 Filed 12-16-97; 8:45 am]
BILLING CODE 8010-01-M
