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NYSE to Delist the Common Stock of Grubb & Ellis Company and File Form 25 with Securities and Exchange Commission
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NEW YORK, March 12, 2012 – The New York Stock Exchange (“NYSE”) announced today the final determination to remove the common stock of Grubb & Ellis Company (ticker symbol GBE) from listing on the NYSE and that it will file with the Securities and Exchange Commission (the “Commission”) a Form 25 Delisting Application to remove the common stock from listing on the NYSE.
The NYSE originally announced on January 3, 2012 its staff determination to delist the common stock and trading was suspended on the NYSE on January 6, 2012. As permitted under the rules of the NYSE, Grubb & Ellis Company appealed this decision to a Committee of the Board of Directors of NYSE Regulation, Inc. (the “Committee”), but subsequently withdrew the appeal on March 9, 2012.
The delisting will become effective ten days after the Form 25 is filed unless postponed by the Commission.
See Section 802.00 of the NYSE Listed Company Manual for continued listing criteria and procedure for delisting
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