Stock Exchange Reviews Armstrong Stock

New York, NY, Nov. 5--The New York Stock Exchange is evaluating the continued listing status of Armstrong Holdings. The NYSE said it is reviewing the status of Armstrong Holdings' common stocks, as well as the 9.75% debentures due April 15, 2008, and the 7.45% senior quarterly interest bonds due October 15, 2038 of Armstrong World Industries. The NYSE said it did not open trading of these securities on November 4 because it is studying the company's announcement that it filed a reorganization plan for its AWI subsidiary, which voluntarily filed for bankruptcy protection December 6, 2000. The NYSE will continue its trading halt until the review is completed. Armstrong is currently in compliance with all of the NYSE's continued listing requirements, the NYSE said.


Related Topics:Armstrong Flooring