NASDAQ OKS GRAND UNION SMALLCAP LISTING

WASHINGTON -- The National Association of Securities Dealers here began listing Grand Union's common stock on the Nasdaq SmallCap Market last week. ltogether because of difficulties the chain was having meeting certain criteria. A hearing, conducted by the Nasdaq Listing Qualifications Panel, determined the company was eligible for the SmallCap listing, which has lower requirements than the National

WASHINGTON -- The National Association of Securities Dealers here began listing Grand Union's common stock on the Nasdaq SmallCap Market last week.

ltogether because of difficulties the chain was having meeting certain criteria. A hearing, conducted by the Nasdaq Listing Qualifications Panel, determined the company was eligible for the SmallCap listing, which has lower requirements than the National index.

An initial listing on the SmallCap market requires $4 million in net ta

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