06 April 2009 23:31 [Source: ICIS news]
Chemtura had already come close to being de-listed earlier this year when it fell below the NYSE’s continued listing standard for average closing price of less than $1/share over a consecutive 30-day trading period. But a 26 February decision by the NYSE to temporarily suspend that requirement kept the company on the exchange.
Chemtura’s foreign subsidiaries were not included in its bankruptcy filing.
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