US (re)insurer to delist from NYSE
Hartville, the US (re)insurer, said that it intends to voluntarily deregister its common stock under the Securities Exchange Act of 1934 and cease filing reports with the Securities and Exchange Commission prior to the end of 2008. In addition, the Company will be notifying the National Association of Securities Dealers (NASD) that it will no longer be eligible for its common stock to be quoted on the Over-The-Counter Bulletin Board (OTCBB).
The decision to take these voluntary actions is a cost savings step that will reduce expenses associated with compliance efforts, as well as professional fees and other administrative costs."The
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