Delisting Determination,The Nasdaq Stock Market, LLC,
May 7, 2009, Young Broadcasting, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove from
listing the common stock of Young Broadcasting, Inc.
(the Company), effective at the opening of the
trading session on May 18, 2009. Based on a review of
the information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for
listing on the Exchange pursuant to Marketplace Rule
5450(b)(2&3)(c). (That Rule was enumerated as
Marketplace Rule 4450(b)(3) at the time of the determination.)
The Company was notified of the Staffs determination on June 3,
2008. The Company requested a review of the Staffs
determination before the Listing
Qualifications Hearings Panel. Upon review of the
information provided by the Company, the Panel issued a
decision on September 8, 2008, that transferred the
Companys securities to the Capital Market and granted
and allowed continued listing on that market subject to
the Company meeting all listing standards for that market by
November 28, 20089. on November 19, 2008, the Panel issued a
modified decision that extended the continued listing until
January 20, 2009. The Company did not demonstrate compliance by
that date and the Panel determined that the Company did not
qualify for inclusion on the Exchange based on its failure to
comply with the following Marketplace Rule:
5550(b)(1). The Company was notified
of the Panels decision on January 23, 2009 and
trading in the Companys securities was suspended on
January 27, 2009. The Company did not request a review
of the Panels decision by the Nasdaq Listing and Hearing
Review Council. The Listing Council did not call the
matter for review. The Panels Determination to delist
the Company became final on March 9, 2009.