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New York - NYSE Says Started Process To Delist RadioShack

Published on: February 2, 2015 08:30 PM
By: Reuters
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FILE - The ticker for RadioShack Corp. is seen at the post where it's traded just after the opening bell on the floor of the New York Stock Exchange March 4, 2014.  ReutersFILE - The ticker for RadioShack Corp. is seen at the post where it's traded just after the opening bell on the floor of the New York Stock Exchange March 4, 2014.  Reuters

New York - The New York Stock Exchange said its regulatory arm is taking action to delist the shares of troubled retailer RadioShack Corp from the exchange, and would suspend trading of the stock immediately.

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The exchange said it reached the decision as RadioShack does not intend to submit a business plan to address the company’s non-compliance with its listing standards. (http://bit.ly/1CrbPV5)



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