[Federal Register Volume 61, Number 170 (Friday, August 30, 1996)]
[Notices]
[Page 46008]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-22231]


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SECURITIES AND EXCHANGE COMMISSION

Issuer Delisting; Notice of Application to Withdraw from Listing 
and Registration; (The Vermont Teddy Bear Co., Inc., Common Stock, 
$0.05 Par Value) File No. 1-12580

August 26, 1996.
    The Vermont Teddy Bear Co., Inc. (``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 security (``Security'') from listing and 
registration on the Pacific Stock Exchange, Inc. (``PSE'').
    The reasons alleged in the application for withdrawing the Security 
from listing and registration include the following:
    In making the decision to withdraw the Security from listing on the 
PSE, the Company considered the direct and indirect costs and expenses 
attendant on maintaining the dual listing of the Security on the Nasdaq 
National Market System and on the PSE. The Company does not see any 
particular advantage in the dual trading of the Securities and believes 
that the volume of trading of its securities on the PSE is severely 
low.
    Any interested person may, on or before September 17, 1996, submit 
by letter to the Secretary of the Securities and Exchange Commission, 
450 Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon 
whether the application has been made in accordance with the rules of 
the exchanges 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. 96-22231 Filed 8-29-96; 8:45 am]
BILLING CODE 8010-01-M