Thursday, 05 July 2007

Lifting the Lid: Foreign companies check out from U.S. markets

(Reuters) - About 35 foreign companies have voluntarily announced plans
to delist their stocks from U.S. exchanges since April,
according to U.S. regulatory filings.




The companies say multiple accounting standards,
Sarbanes-Oxley compliance, low trading volume, and a new rule
that eased requirements to de-register shares with U.S.
regulators all contributed to their decisions to delist.


Read more at Reuters.com Government Filings News

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