Jennifer Convertibles, Inc. Announces Decision to Deregister its Common Stock
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WOODBURY, N.Y., Oct. 10, 2011 /PRNewswire/ -- Jennifer Convertibles, Inc. (the "Company") (www.jenniferfurniture.com) announced today that its Board of Directors unanimously approved the termination of the registration of its common stock under the Securities Exchange Act of 1934, as amended. The Company will file a Form 15 with the Securities and Exchange Commission (the "SEC") to effect this on or about October 20, 2011.After careful consideration, the Board of Directors decided to deregister based on its belief that the savings the Company will achieve as a result of deregistration, particularly on costs related to the preparation and filing of
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- People:
- Sarbanes-Oxley
- Places:
- United States
- WOODBURY, N.Y.
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