[Federal Register Volume 60, Number 11 (Wednesday, January 18, 1995)]
[Notices]
[Pages 3691-3692]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-1108]



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SECURITIES AND EXCHANGE COMMISSION

Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Century Communications Corp., Class A Common Stock, 
$.01 Par Value) File No. 1-9676

January 10, 1995.
    Century Communications Corp. (``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 specific 
security (``Security'') from listing and registration on the American 
Stock Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing the security 
from listing and registration include the following:
    According to the Company, in addition to being listed on the Amex, 
the Security is listed on the NASDAQ National Market System (``NASDAQ/
NMS''). The Security commenced trading on the NASDAQ/NMS at the opening 
of business on January 5, 1995 and concurrently therewith the Security 
was suspended from trading on the Amex.
    The Company's decision to withdraw the Security from Listing on the 
Amex was based upon the Company's belief:
    (1) that the NASDAQ/NMS system of competing market makers will 
result in increased visibility and sponsorship for its common stock 
than is presently the case with the single specialist on the Amex;
    (2) that the NASDAQ/NMS system will offer the Company's 
shareholders more liquidity than is presently available on the Amex and 
less volatility in quoted prices per share when trading volume is 
slight;
    (3) that the NASDAQ/NMS system will offer the opportunity for the 
Company to secure its own group of market makers and expand the capital 
base available for trading in the common stock; and
    (4) that the firms making a market in the Company's common stock on 
the NASDAQ/NMS system will also be inclined to issue research reports 
concerning the Company, thereby increasing the number of firms 
[[Page 3692]] providing institutional research and advisory reports.
    Any interested person may, on or before January 31, 1995 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 Amex 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.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 95-1108 Filed 1-17-95; 8:45 am]
BILLING CODE 8010-01-M