[Federal Register Volume 59, Number 148 (Wednesday, August 3, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-18824]
[[Page Unknown]]
[Federal Register: August 3, 1994]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Application to Withdraw From Listing and
Registration; (Bush Industries, Inc., Class A Common Stock, $.10 Par
Value) File No. 1-13190
July 28, 1994.
Bush 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 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 includes the following:
According to the Company, in addition to being listed on the Amex,
its Class A Common Stock is listed on the New York Stock Exchange, Inc.
(``NYSE''). The Company 's Class A Common Stock commenced trading on
the NYSE at the opening of business on July 14, 1994 and concurrently
therewith such stock was suspended from trading on the Amex.
In making the decision to withdraw its Class A Common Stock from
listing on the Amex, the Company considered the direct and indirect
cost and expenses attendant on maintaining the dual listing of its
securities on the NYSE and on the Amex. The Company does not see any
particular advantage in the dual trading of its Class A Common Stock
and believes that dual listing would fragment the market for its Class
A Common Stock.
Any interested person may, on or before August 18, 1994 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. 94-18824 Filed 8-2-94; 8:45 am]
BILLING CODE 8010-01-M