[Federal Register Volume 60, Number 249 (Thursday, December 28, 1995)]
[Notices]
[Pages 67152-67153]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-31357]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application To Withdraw From Listing
and Registration; (Excel Industries, Inc., Common Stock, No Par Value)
File No. 1-8684
December 20, 1995.
Excel Industries, 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'').
The reasons alleged for striking the Security from listing and
registration include the following:
According to the Company, trading in the Security on the New York
Stock Exchange, Inc. commenced at the opening of business on December
12, 1995 and, concurrently therewith, trading on the Amex was
suspended. At its October 19, 1995 meeting, the Company's Board of
Directors considered the direct and indirect costs and expenses
attendant with maintaining a dual listing of the Security. The Board
determined that there was no particular advantage in the
[[Page 67153]]
dual trading of the Security and that a dual listing would fragment the
market for the Security.
Any interested person may, on or before January 10, 1996, 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 Amex
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. 95-31357 Filed 12-27-95; 8:45 am]
BILLING CODE 8010-01-M
