[Federal Register Volume 63, Number 157 (Friday, August 14, 1998)]
[Notices]
[Pages 43733-43734]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-21844]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Alpha Industries, Inc., Common Stock, $.25 par 
Value) File No. 1-5560

August 10, 1998.
    Alpha Industries, Inc. (``Company'') has filed an application with 
the

[[Page 43734]]

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 American 
Stock Exchange, Inc. (``Amex'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Security 
from listing and registration include the following:
    The Company has been approved for quotation on the Nasdaq Stock 
Market National Market (``Nasdaq'') and has filed a Registration 
Statement on Form 8-A registering the Security pursuant to section 
12(g) of the Act. Registration became effective upon filing on May 29, 
1998. Quotation of the Company's Security on Nasdaq commenced at the 
opening of business on June 2, 1998, and concurrently therewith, the 
Security was suspended from trading on the Amex.
    The Company has complied with Rule 18 of Amex by filing with the 
Exchange a certified copy of resolutions adopted by the Company's Board 
of Directors authorizing the withdrawal of its Security from listing 
and registration on the Amex and by setting forth in detail to the 
Exchange the reasons for such proposed withdrawal and the facts in 
support therefore.
    In making the decision to withdraw its Security from listing and 
registration on the Amex, the Company considered the enhanced value its 
shareholders would receive from quotation on Nasdaq and the direct and 
indirect costs and expenses associated with maintaining both the 
listing and registration of its Security on Amex and the quotation of 
its Security on Nasdaq. The Company does not see any particular 
advantage in both trading its stock on Amex and quoting its stock on 
Nasdaq and believes that this arrangement would fragment the market for 
its Security.
    By letter dated May 22, 1998, the Exchange informed the Company 
that it had no objection to the withdrawal of the Company's Security 
from listing and registration on the Exchange.
    The application relates solely to the withdrawal of the Security 
from listing on Amex and has no effect upon the continued quotation of 
the Security on Nasdaq.
    By reason of Section 12 of the Act and the rules and regulations 
thereunder, the Company shall continue to be obligated to file reports 
under section 13 of the Act with the Commission and the Nasdaq.
    Any interested person may, on or before August 31, 1998, 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. 98-21844 Filed 8-13-98; 8:45 am]
BILLING CODE 8010-01-M