[Federal Register Volume 59, Number 42 (Thursday, March 3, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-4798]


[[Page Unknown]]

[Federal Register: March 3, 1994]


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SECURITIES AND EXCHANGE COMMISSION
 

Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Hillhaven Corporation, Inc., Common Stock, $0.15 Par 
Value; Preferred Stock Purchase Rights; 7\3/4\% Convertible 
Subordinated Debentures) File No. 1-10426

February 25, 1994.
    Hillhaven Corporation (``Company'') has filed an application with 
the Securities and Exchange Commission (``Commission''), pursuant to 
section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule 
12d2-2(d) promulgated thereunder, to withdraw the above specified 
securities from listing and registration on the American Stock 
Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing these 
securities from listing and registration include the following:
    According to the Company, in addition to being listed on the Amex, 
its common stock, preferred stock purchase rights and convertible 
subordinated debentures are listed on the New York Stock Exchange, Inc. 
(``NYSE''). The Company's common stock and preferred share purchase 
rights commenced trading on the NYSE at the opening of business on 
November 2, 1993 and concurrently therewith such securities were 
suspended from trading on the Amex.
    In making the decision to withdraw its common stock and preferred 
share purchase rights from listing on the Amex, the Company considered 
the direct and indirect costs and expenses attendant on maintaining the 
dual listing of its securities on the NYSE and on the Amex. The Company 
does not see any particular advantage in the dual trading of its common 
stock and preferred share purchase rights and believes that dual 
listing would fragment the market for its securities.
    Any interested person may, on or before March 18, 1994 submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street NW., Washington, DC 20549, facts bearing upon whether the 
application has been made in accordance with the rules of the exchange 
and what terms, if any, should be imposed by the Commission for the 
protection of investors. The Commission, based on the information 
submitted to it, will issue an order granting the application after the 
date mentioned above, unless the Commission determines to order a 
hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 94-4798 Filed 3-2-94; 8:45 am]
BILLING CODE 8010-01-M