[Federal Register Volume 62, Number 25 (Thursday, February 6, 1997)]
[Notices]
[Pages 5661-5662]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-2910]


-----------------------------------------------------------------------


SECURITIES AND EXCHANGE COMMISSION

Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration; (Magellan Health Services, Inc., Common Stock, 
25 cents Par Value; 11.25% Series A Senior Subordinated Notes due 2004) 
File No. 1-6639

January 31, 1997.
    Magellan Health Services, 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 securities (``Securities'') from listing 
and registration on the American Stock Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing the 
Securities from listing and registration include the following:

[[Page 5662]]

    According to the Company, it has complied with Rule 18 of the AMEX 
by filing with such Exchange a certified copy of preambles and 
resolutions adopted by the Company's Board of Directors authorizing the 
withdrawal of its securities from listing on the AMEX and by setting 
forth in detail to such Exchange the reasons for such proposed 
withdrawal, and the facts in support thereof. The Securities began 
trading on the New York Stock Exchange, Inc. (``NYSE'') on December 31, 
1996. In making the decision to withdraw the Securities from listing on 
the AMEX, the Company considered the breadth of the investment base, 
the trading liquidity, and number of analysts covering the stock. 
Additionally, the Company wished to avoid the direct and indirect costs 
and the division of the market resulting from dual listing on the AMEX 
and NYSE.
    Any interested person may, on or before February 24, 1997, 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. 97-2910 Filed 2-5-97; 8:45 am]
BILLING CODE 8010-01-M