[Federal Register Volume 59, Number 143 (Wednesday, July 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-18219]
[[Page Unknown]]
[Federal Register: July 27, 1994]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Watsco, Inc., Common Stock, $0.50 Par Value); File
No. 1-5581
July 21, 1994.
Watsco, 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 from listing and registration on the American Stock Exchange,
Inc. (``Amex'').
The reasons alleged in the application for withdrawing this
security from listing and registration include the following:
According to the Company, in addition to being listed on the Amex,
its common stock is listed on the New York Stock Exchange, Inc.
(``NYSE''). The Company's common stock commenced trading on the NYSE at
the opening of business on June 16, 1994 and concurrently therewith
such stock was suspended from trading on the Amex.
In making the decision to withdraw its common stock from listing on
the Amex, the Company considered the direct and indirect costs and
expenses attendant in maintaining the dual listing of its common stock
on the NYSE and on the Amex. The Company does not see any particular
advantage in the dual trading of its common stock and believes that
dual listing would fragment the market for the common stock.
Any interested person may, on or before August 11, 1994 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 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. 94-18219 Filed 7-26-94; 8:45 am]
BILLING CODE 8010-01-M
