Nasdaq Stock Market to delist EuroBancshares; trading suspended since May 12

By AP
Thursday, May 27, 2010

Nasdaq to delist Puerto Rico bank EuroBancshares

NEW YORK — The Nasdaq Stock Market on Thursday said it will delist the common stock of EuroBancshares Inc., a Puerto Rican bank.

Regulators closed the bank on April 30, and EuroBancshares said a few days later it would file for Chapter 11 bankruptcy protection. Trading was suspending on May 12.

Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delisting, which will become effective 10 days later.

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