the Company’s common stock will continue to be listed on the NYSE pending quarterly reviews by the NYSE’s Listing and Compliance Committee to ensure progress against the plan. PRIMEDIA Inc. This required the Company to submit a plan that demonstrated its ability to achieve compliance with the continued listing standards within 18 months of receipt of the notice. enables millions of consumers nationwide to find a place to live through its innovative print, Internet and mobile solutions. The Company previously announced on November 24, 2008 that the NYSE had notified the Company that it was considered “below criteria” specifically because the Company’s average total market capitalization was less than $75 million over a consecutive 30 trading-day period.
Tuesday, February 17, 2009
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Listing Plan Accepted by New York Stock Exchange PRIMEDIA Continued
Listing Plan Accepted by New York Stock Exchange PRIMEDIA Continued
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