ARDEN GROUP MUST MAKE A QUICK SPLIT

LOS ANGELES -- Arden Group here, operator of 13 Gelson's and Mayfair supermarkets in Southern California, said it will implement a 4-for-1 stock split this year in order to meet a new requirement for keeping its listing on the Nasdaq National Market.it to accomplish a stock split that would result in compliance with the new requirement.The company has obtained a temporary exemption to the new requirement,

LOS ANGELES -- Arden Group here, operator of 13 Gelson's and Mayfair supermarkets in Southern California, said it will implement a 4-for-1 stock split this year in order to meet a new requirement for keeping its listing on the Nasdaq National Market.

it to accomplish a stock split that would result in compliance with the new requirement.

The company has obtained a temporary exemption to the new requirement, pending the completion of the hearing, Arden said. The company also

Register to view the full article

test - Advanced Registered User

Already a member? .