Key Developments For Syms Corp
Syms Corp (SYMS.O) (Consolidated Issue listed on NASDAQ Global Market)
Syms Corp. Chairman Dies-StreetInsider.com
StreetInsider.com reported that Sy Syms, Founder and Chairman Of Syms Corp., died on November 17, 2009, in New York City. Mr. Syms died of heart failure.
Syms Corp. Consummates Acquisition Of Assets Of Filene's Basement, Inc.
Syms Corp. announced that following the receipt of Bankruptcy Court approval, Syms consummated its previously announced acquisition of substantially all of the assets of Filene's Basement in Filene's Chapter 11 bankruptcy proceedings. Under its asset purchase agreement with Filene's Basement, Syms, through a wholly owned subsidiary, acquired the vast majority of the current operating Filene's Basement store leases, store fixtures and inventory and is focused on maintaining the Filene's Basement name and tradition. The total consideration to Filene's Basement amounted to approximately $65 million plus certain additional costs of Filene's Basement that were assumed by Syms.
Syms Corp. Begins Trading on NASDAQ
Syms Corp. announced that it has begun trading on NASDAQ. The stock has previously traded at OTC Pink Sheets under the ticker symbol "SYMZ".
Syms Corp. Announces Chief Financial Officer Change-Form-8K
Syms Corp. announced in its Form 8K that it has on February 11, 2008, appointed Philip A. Piscopo as Vice President and Chief Financial Officer of the Company. Mr. Piscopo succeeds Antoine Moreia, who retired as Chief Financial Officer on February 8, 2008.
Syms Corp. Announces Plans To Delist From New York Stock Exchange and SEC Deregistration
Syms Corp. announced that it would voluntarily delist its shares of common stock from trading on the New York Stock Exchange (NYSE) and, based upon ownership by fewer than 300 holders of record of its shares, deregister its common stock under the federal securities laws. Once the shares are delisted from the NYSE, the Company expects that its shares will trade on the Pink Sheets, LLC (Pink Sheets.
