Tweeter receives delisting notice from Nasdaq; stock to stop trading June 21

By Caroline Salls

Pittsburgh, June 15 - Tweeter Home Entertainment Group, Inc. received notice from Nasdaq that its securities will be delisted and trading will be suspended as a result of its Chapter 11 bankruptcy filing, according to a company news release.

Tweeter said it does not intend to appeal the delisting, so trading of its common stock will be suspended at the opening of business on June 21.

The company said it will also file a form 25-NSE with the Securities and Exchange Commission, which will remove Tweeter's securities from listing and registration on The Nasdaq Stock Market.

Tweeter, a Canton, Mass., consumer electronics retailer, filed for bankruptcy on June 11 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 07-10787.

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