[Federal Register Volume 63, Number 113 (Friday, June 12, 1998)]
[Notices]
[Pages 32265-32266]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-15705]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application To Withdraw From Listing
and Registration; (GP Strategies Corporation, Common Stock, $.01 Par
Value) File No. 1-7234
June 9, 1998.
GP Strategies 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
[[Page 32266]]
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 has been listed for trading on the Amex and, pursuant
to Registration Statement on Form 8-A which became effective March 23,
1998, the New York Stock Exchange, Inc. (``NYSE''). Trading in the
Security commenced on the NYSE on March 27, 1998, and concurrently
therewith such Security was suspended from trading on the Amex. In
addition, a Registration Statement on Form 8-A was filed with respect
to the Preferred Stock Purchase Rights which are currently attached and
do not trade separately from the Security.
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 believes that the NYSE offers
enhanced visibility and will enable the Company to further broaden its
institutional shareholder base.
By letter dated March 17, 1998, 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 and regulations
thereunder, the Company shall continue to be obligated to file reports
with the Commission and the NYSE under Section 13 of the Act.
Any interested person may, on or before June 30, 1998, submit by
letter to the Secretary of the Securities and Exchange Commission, 450
Fifth Street, NW, Washington, DC 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. 98-15705 Filed 6-11-98; 8:45 am]
BILLING CODE 8010-01-M
