Xpedior voluntarily leaves Nasdaq
Web consultancy Xpedior, which is seeking a buyer for the sale of all or part of its remaining operations, filed a request to the Nasdaq Stock Market to voluntarily delist its shares from trading. The Chicago-based company said the Nasdaq has accepted its request and that its voluntary delisting became effective Monday. The troubled company said it does not intend to apply for listing on any other exchange such as the Nasdaq small cap market or over the counter market. Last week, Xpedior closed four unprofitable offices and slashed 300 jobs, or 42 percent of its total work force.
Web consultancy Xpedior, which is seeking a buyer for the sale of all or part of its remaining operations, filed a request to the Nasdaq Stock Market to voluntarily delist its shares from trading. The Chicago-based company said the Nasdaq has accepted its request and that its voluntary delisting became effective Monday. The troubled company said it does not intend to apply for listing on any other exchange such as the Nasdaq small cap market or over the counter market. Last week, Xpedior closed four unprofitable offices and slashed 300 jobs, or 42 percent of its total work force.