[Federal Register: November 3, 1999 (Volume 64, Number 212)]
[Notices]               
[Page 59814-59815]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr03no99-153]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (IKON Office Solutions, Inc., Common Stock, No Par 
Valance, and Associated Preferred Share Purchase Rights) File No. 1-
5964

October 28, 1999
    IKON Office Solutions, Inc. (``Company'') has filed and application 
with the Securities and Exchange Commission (``Commission''), pursuant 
to Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and 
Rule 12d-2(d) promulgated thereunder, to withdraw the above specified 
securities (``Securities'') from listing and registration on the 
Chicago Stock Exchange, Incorporated (``CHX'') and

[[Page 59815]]

the Philadelphia Stock Exchange, Inc. (``Phlx'') (the CHX and the Phlx 
shall be referred to herein collectively as the ``Exchanges'').
    The reasons cited in the application for withdrawing the Securities 
from listing and registration on the Exchanges include the following:
    The Securities of the Company have been listed for trading on the 
CHX, the Phlx and the New York Stock Exchange, Inc. (``NYSE''). The 
Board of Directors of the Company has authorized the withdrawal of the 
Securities from the CHX and the Phlx in order to eliminate the costs 
associated with such listings. Moreover, the Company does not see any 
particular advantage in having its Securities trade on multiple 
exchanges.
    The Company has complied with the Exchanges' rules by filing with 
each certified copies of the resolutions adopted by the Company's Board 
of Directors authorizing the withdrawal of its Securities from listing 
on the Exchanges and by setting forth in detail to the each Exchange 
the reasons for the proposed withdrawal and the facts in support 
thereof.
    The CHX and the Phlx have each informed the Company that they have 
not objections to the Company's withdrawal of its Securities from 
listing on the respective Exchanges.
    The Company's application relates solely to the withdrawal of its 
Securities from listing on the CHX and the Phlx and shall have no 
effect upon the continued listing of the 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 with the Commission and with the NYSE under Section 13 of 
the Act.
    Any interested person may, on or before November 18, 1999, submit 
by letter to the Secretary of the Securities and Exchange Commission, 
450 Fifth Street, N.W., Washington, D.C. 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the Exchange and what terms, it 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. 99-28755 Filed 11-2-99; 8:45 am]
BILLING CODE 8010-01-M