NYSE to Suspend Trading in The Great Atlantic and Pacific Tea Company, Inc. and Related Securities

Moves to Remove from a List

NEW YORK, Dec 13, 2010 – NYSE Regulation, Inc. (“NYSE Regulation”) announced currently that it dynamic that a common batch of The Great Atlantic and Pacific Tea Company, Inc. (the “Company”) – ticker symbol GAP – as good as a 9 3/8% Senior Quarterly Interest Bonds due Aug 1, 2039 (QUIBS) – ticker pitch GAJ – should be dangling immediately.

NYSE Regulation has dynamic that a Company is no longer suitable for listing.  This preference was reached in perspective of a Company’s Dec 12, 2010 proclamation that it has filed a intentional petition underneath Chapter 11 of a U.S. Bankruptcy Code with a U.S Bankruptcy Court for a Southern District of New York.  NYSE Regulation remarkable a doubt as to a timing and outcome of a failure process, as good as a ultimate outcome of this routine on a Company’s common stockholders. 

The Company has a right to a examination of this integrity by a Committee of a Board of Directors of NYSE Regulation. Applications to a Securities and Exchange Commission to delist a issues are tentative a execution of germane procedures, including any interest by a Company of a NYSE Regulation staff’s decision.  The NYSE remarkable that it may, during any time, postpone a confidence if it believes that continued exchange in a confidence on a NYSE are not advisable.

Investor Contact:
Krystyna Lack
Vice President, Treasury Services
(201) 571-4320

 

Press Contacts:
Eric C. Andrus or Scot Hoffman
Robinson Lerer Montgomery

(201) 571-4453

See Section 802.00 of a NYSE Listed Company Manual for continued inventory criteria and procession for delisting

Article source: http://feedproxy.google.com/~r/nyse/FmBb/~3/9jsOF10Ur7w/1292238353986.html

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