McClatchy Faces De-Listing by NYSE

Sacramento Bee, April 17, 2009
By Dale Kasler

McClatchy, one of the nation's largest newspaper publishers, faces de-listing by the New York Stock Exchange. Its shares have fallen below the minimum required value of $1.00. Under the NYSE's rules, Sacramento-based McClatchy has 45 days to submit a plan to get back in compliance, and 18 months to execute the plan.

Read the whole story here


This article is copyrighted material, the use of which has not been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.

Freepress.net is a project of Free Press and the Free Press Action Fund
Massachusetts Office: 40 Main St, Suite 301, Florence, MA 01062 - Ph 877.888.1533 - Fax 413.585.8904
Washington Office: 501 Third Street NW, Suite 875, Washington, DC 20001 - Ph 202.265.1490 - Fax 202.265.1489