|
|
Article: Rite Aid to Withdraw Pacific Exchange Listing, Retains New York Stock Exchange Listing.
- Article from:
- Business Wire
- Article date:
- November 27, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
CAMP HILL, Pa. -- Rite Aid Corporation (NYSE, PCX:RAD) today announced plans to withdraw the listing of its common stock from the former Pacific Stock Exchange, now NYSE Arca, Inc. Rite Aid's common stock will continue to be listed on the New York Stock Exchange (NYSE).
Rite Aid has decided to withdraw its listing from NYSE Arca, Inc. because of the duplicative services inherent in the dual listings as a result of the NYSE Group's recent merger with Archipelago Holdings, the parent company of NYSE Arca. The withdrawal is expected to be effective within the next month.
Rite Aid believes that withdrawing its listing from NYSE Arca, Inc. will not have any ...