Sara Lee Withdraws from Pacific Exchange
Sara Lee has decided to withdraw its listing from NYSE Arca, Inc. to streamline operations and eliminate redundant administrative requirements inherent with dual listings.
Sara Lee has decided to withdraw its listing from NYSE Arca, Inc. to streamline operations and eliminate redundant administrative requirements inherent with dual listings created as a result of the NYSE Group’s recent merger with Archipelago Holdings, the parent company of NYSE Arca. The withdrawal is expected to be effective within the next month.
Sara Lee does not believe that withdrawing its listing from NYSE Arca, Inc. will have any impact on the liquidity of its stock. NYSE Arca will continue to trade Sara Lee stock on an unlisted trading privilege basis.
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