[Federal Register Volume 59, Number 186 (Tuesday, September 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23841]
[[Page Unknown]]
[Federal Register: September 27, 1994]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application To Withdraw From Listing
and Registration; (LSB Industries, Inc., Common Stock, $.10 Par Value)
File No. 1-7677
September 21, 1994.
LSB 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 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 August 31, 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 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 Common Stock and believes that
dual listing would fragment the market for its Common Stock.
Any interested person may, on or before October 13, 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. 94-23841 Filed 9-26-94; 8:45 am]
BILLING CODE 8010-01-M