[Federal Register Volume 61, Number 78 (Monday, April 22, 1996)]
[Notices]
[Page 17741]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-9800]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Titan Corporation, Common Stock, $.01 Par Value;
Cumulative Convertible Preferred Stock, $1.00 Par Value) File No. 1-
6035
April 16, 1996.
Titan Corporation (``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
securities (``Securities'') from listing and registration on the
Chicago Stock Exchange, Inc. (``CHX'').
The reasons alleged in the application for withdrawing the
Securities from listing and registration include the following:
According to the Company, the Securities are currently traded on
the NYSE and the CHX. As a result, the Company incurs annual fees for
each of the exchanges. Since the vast majority of Titan's stock is
currently traded on the NYSE, the Company does not believe that it is
cost effective to also maintain a listing on the CHX. Therefore, the
Company has determined that a single listing on the NYSE will be
sufficient to serve the needs of its stockholders. Based on the
foregoing reasons, the Company requests that it be permitted to remove
its Securities from listing on the CHX.
Any interested persons may, on or before May 7, 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
exchanges 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. 96-9800 Filed 4-19-96; 8:45 am]
BILLING CODE 8010-01-M
