[Federal Register Volume 64, Number 152 (Monday, August 9, 1999)]
[Notices]
[Page 43232]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-20413]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Application To Withdraw From Listing and 
Registration; (Tektronix, Inc., Common Stock, No Par Value, and 
Attached Preferred Stock Purchase Rights) File No. 1-4837

August 2, 1999.
    Tektronix, 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 
Pacific Exchange, Inc. (``PCX'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Securities 
from listing and registration include the following:
    The Securities are currently listed for trading on the PCX and the 
New York Stock Exchange (``NYSE''). In making the decision to withdraw 
its Securities from listing and registration on the PCX, the Company 
has considered all the direct and indirect costs and expenses arising 
from maintaining dual listings. The Company has determined that there 
is no particular advantage to having its Securities listed 
simultaneously on two exchanges and has accordingly sought to withdraw 
them from listing on the PCX and maintain their listing on the NYSE.
    The Company has complied with the rules of the PCX by filing with 
the Exchange a certified copy of resolutions adopted by the Company's 
Board of Directors authorizing withdrawal of its Securities from 
listing on the PCX as well as correspondence setting forth in detail to 
the Exchange the reasons for such proposed withdrawal, and the facts in 
support thereof.
    The Exchange has informed the Company that it has no objection to 
the withdrawal of the Company's Securities from listing on the PCX.
    This application relates solely to the withdrawal by the Company of 
the Securities' listing on the PCX and shall have no effect upon the 
continued listing of such Securities on the NYSE. By reason of Section 
12(b) of the Act and the rules and regulations of the Commission 
thereunder, the Company shall continue to be obligated to file reports 
under Section 13 of the Act with the Commission and the NYSE.
    Any interested person may, on or before August 23, 1999, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW, Washington, DC 20549-0609, 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. 99-20413 Filed 8-6-99; 8:45 am]
BILLING CODE 8010-01-M