[Federal Register Volume 63, Number 126 (Wednesday, July 1, 1998)]
[Notices]
[Pages 36002-36003]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-17434]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (M&T Bank Corporation (Formerly First Empire State
Corporation), Common Stock, $5.00 Par Value) File No. 1-9861
June 24, 1998.
M&T Bank Corporation \1\ (``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'').
---------------------------------------------------------------------------
\1\ The Company's former name was ``First Empire State
Corporation,'' and the name change to ``M&T Bank Corporation''
became effective on May 29, 1998. The Company filed the Form 8-A,
effective on May 27, 1998, and mentioned below, under the Company's
old name.
---------------------------------------------------------------------------
[[Page 36003]]
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 a Registration Statement of Form 8-A which became effective on May
27, 1998, on the New York Stock Exchange, Inc. (``NYSE''). Trading in
the Company's Security under the name ``M&T Bank Corporation''
commenced on the NYSE at the opening of business on June 1, 1998, and
concurrently therewith such Security was suspended from trading on the
Amex.
The Company complied with Amex Rule 18 by filing with the Exchange
a certified copy of 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 deciding to withdraw its Security from listing and registration
on the Amex, the Company considered the direct and indirect costs and
the division of the market resulting from a dual listing on the NYSE
and the Amex.
By letter dated May 22, 1998, the Amex informed the Company that it
has 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 July 16, 1998, 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
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. 98-17434 Filed 6-30-98; 8:45 am]
BILLING CODE 8010-01-M
