[Federal Register Volume 70, Number 11 (Tuesday, January 18, 2005)]
[Notices]
[Pages 2908-2909]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-154]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application of Edison International 
to Withdraw Its Common Stock, No Par Value, and Rights to Purchase 
Series A Junior Participating Cumulative Preferred Stock, No Par Value, 
From Listing and Registration on the Pacific Exchange, Inc. File No. 1-
09936

January 10, 2005.
    On December 20, 2004, Edison International, a California 
corporation (``Issuer''), filed an application with the Securities and 
Exchange Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, no par value, and rights 
to purchase series A junior participating cumulative preferred stock, 
no par value (collectively, ``Securities''), from listing and 
registration on the Pacific Exchange, Inc. (``PCX'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Board of Directors (``the Board'') of the Issuer approved 
resolutions on November 18, 2004, to withdraw the Securities from 
listing on the PCX. The Board stated that the reasons for its decision 
to withdraw the Securities from the PCX are as follows: (i) The 
Securities are listed and predominately traded on the New York Stock 
Exchange, Inc. (``NYSE''), and the Securities will continue to be 
listed on NYSE, giving shareholders a continued means of trading their 
Securities; (ii) as a listed company on the NYSE and PCX, the Issuer is 
subject to dual and potentially conflicting regulation; (iii) the 
Issuer wishes to eliminate the additional costs and administrative 
burdens associated with maintaining dual listing of the Securities on 
the PCX and the NYSE; and (iv) there were no significant business 
reasons for maintaining the listing of the Securities on the PCX.
    The Issuer stated in its application that it has complied with 
applicable rules of the PCX Rule 5.4(b) by providing the PCX with the 
required documents governing the withdrawal of securities from listing 
and registration on the PCX. The Issuer's application

[[Page 2909]]

relates solely to the withdrawal of the Securities from listing on the 
PCX and shall not affect its continued listing on the NYSE or its 
obligation to be registered under Section 12(b) of the Act.\3\
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    \3\ 15 U.S.C. 78l(b).
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    Any interested person may, on or before February 4, 2005 comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of the PCX, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to [email protected]. Please include 
the File Number 1-09936 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 450 Fifth Street, NW., 
Washington, DC 20549-0609.
    All submissions should refer to File Number 1-09936. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 
Comments are also available for public inspection and copying in the 
Commission's Public Reference Room, 450 Fifth Street, NW., Washington, 
DC 20549. All comments received will be posted without change; we do 
not edit personal identifying information from submissions. You should 
submit only information that you wish to make available publicly.
    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.\4\
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    \4\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. E5-154 Filed 1-14-05; 8:45 am]
BILLING CODE 8010-01-P