23.08.2013 22:16:16
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Furniture Brands To Voluntarily Delist From NYSE
(RTTNews) - Furniture Brands International (FBN) Friday said it will voluntarily delist its common stock from the New York Stock Exchange and transfer quotation of its common stock to the OTCQB Marketplace.
The company's decision to delist was driven by a number of factors, including its non-compliance with the NYSE's market capitalization and stockholders' equity requirements.
The company expects that the last day of trading of its common stock on the NYSE will be on or about August 27, 2013 and that the next trading day will be the first day of quotation on the OTCQB.
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