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Non-Tech : Boston Market (BOSTQ)

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To: ROSARIO who wrote (1480)	12/9/1998 7:41:00 PM
From: John Carson	Read Replies (1) of 1567

Boston Chicken delisted. Nasdaq removes chain's stock due to low trading price, company's bankruptcy December 9, 1998: 7:09 p.m. ET GOLDEN, Colo. (Reuters) - Boston Chicken Inc.'s common stock and three issues of convertible subordinated debt securities were delisted by the Nasdaq Stock Market. Company spokeswoman Karen Rugen said Nasdaq told the restaurant chain it was delisting the stock because Boston Chicken(BOSTQ) failed to maintain a minimum trading price of $1 for 30 consecutive days. Rugen also said that Nasdaq delisted the stock because the company filed for bankruptcy in October. The company's common stock will continue to be quoted in the National Quotation Bureau, LLC (NQB)"Pink Sheets" and the company's convertible subordinated debt securities will continue to be quoted in the NQB's "Yellow Sheets," it said. Rugen said the company is currently working through its restructuring and hopes to emerge from bankruptcy some time next year.

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