GRAND UNION, Wayne, N.J., said it received notification from the National Association of Securities Dealers, Washington, that it no longer met certain requirements to have its common stock listed on the Nasdaq SmallCap market index and that the company has formally requested a delisting hearing before Nasdaq's Listing Qualifications Panel. Last September, the chain's common stock moved from the Nasdaq National Market to the SmallCap Market, which has lower requirements than the National ...
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