Article: Nasdaq boots Troy, Mich.-based auto part maker's stock from exchange.

By Paul Dellinger, The Roanoke Times, Va. Knight Ridder/Tribune Business News

Oct. 9--RADFORD, Va. -- Intermet Corp., the owner of the New River Foundry in Radford, will no longer have its common stock listings on the Nasdaq stock exchange.

The delisting, as it is termed on Wall Street, appears to be a normal result from the fact that Intermet has sought Chapter 11 bankruptcy protection.

"Actually, it's standard practice," Intermet spokesman Mike Kelley said Friday at the company's headquarters in Troy, Mich. "Once a company files bankruptcy, they no longer will be listed."

Robert Brooks, editor of Foundry Management & ...

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