

[Federal Register: March 15, 2006 (Volume 71, Number 50)]
[Notices]               
[Page 13439]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15mr06-180]                         


[[Page 13439]]

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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-14625]

 
Issuer Delisting; Notice of Application of Host Marriott 
Corporation To Withdraw Its Common Stock, $.01 Par Value and Purchase 
Share Rights for Series A Junior Participating Preferred Stock, $.01 
Par Value, From Listing and Registration on the Pacific Exchange, Inc.

March 9, 2006.
    On March 3, 2006, Host Marriott Corporation, a Maryland corporation 
(``Issuer''), filed an application with the Securities and Exchange 
Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its common stock, $.01 par value, and 
purchase share rights for series A junior participating preferred 
stock, $.01 par value (collectively ``Securities''), from listing and 
registration on the Pacific Exchange, Inc. (``PCX'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Board of Directors (``Board'') approved resolutions on February 
9, 2006, to delist the Securities from listing and registration on PCX. 
The Issuer stated that the following reasons factored into the Board's 
decision: (i) There is very little activity in the Securities on PCX; 
(ii) the low trading volume of the Securities on PCX does not justify 
the expense of continued listing, and such continued listing is 
considered by the Board to be a misuse of corporate resources; and 
(iii) the Securities are listed on the New York Stock Exchange, Inc. 
(``NYSE'') and will continue to be listed on NYSE.
    The Issuer stated in its application that it has complied with 
applicable rules of PCX by complying with all applicable laws in effect 
in the State of Maryland, the state in which it is incorporated, and by 
providing PCX with the required documents governing the withdrawal of 
securities from listing and registration on PCX.
    The Issuer's application relates solely to the withdrawal of the 
Securities from listing on PCX and shall not affect their continued 
listing on NYSE, the Chicago Stock Exchange, Inc. (``CHX''),\3\ or 
their obligation to be registered under Section 12(b) of the Act.\4\
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    \3\ The Issuer filed an application with the Commission to 
withdraw the Securities from listing and registration on CHX on 
March 3, 2006. Notice of such application will be published 
separately.
    \4\ 15 U.S.C. 78l(b).
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    Any interested person may, on or before April 3, 2006, comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of PCX, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to rule-comments@sec.gov. Please include 
the File Number 1-14625 or;

Paper Comments

     Send paper comments in triplicate to Nancy M. Morris, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-1090.

All submissions should refer to File Number 1-14625. This file number 
should be included on the subject line if e-mail is used. To help us 
process and review your comments more efficiently, please use only one 
method. The Commission will post all comments on the Commission's 
Internet Web site (http://www.sec.gov/rules/delist.shtml). Comments are 

also available for public inspection and copying in the Commission's 
Public Reference Room. All comments received will be posted without 
change; we do not edit personal identifying information from 
submissions. You should submit only information that you wish to make 
available publicly.
    The Commission, based on the information submitted to it, will 
issue an order granting the application after the date mentioned above, 
unless the Commission determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Nancy M. Morris,
Secretary.
 [FR Doc. E6-3696 Filed 3-14-06; 8:45 am]

BILLING CODE 8010-01-P
