The Bon-Ton Stores, Inc. Announces Nasdaq’s Withdrawal of Deficiency Notice
March 17 2017 - 6:30AM
The Bon-Ton Stores, Inc. (NASDAQ:BONT) announced
today that Nasdaq has withdrawn its notification of potential
delisting related to the minimum market value of publicly held
shares issued on March 9, 2017. Following discussions with the
Company regarding publicly held shares outstanding, Nasdaq
determined that Bon-Ton meets the required minimum market value of
publicly held shares for continued listing on the Nasdaq Global
Select Market.
About The Bon-Ton Stores, Inc.The Bon-Ton
Stores, Inc., with corporate headquarters in York, Pennsylvania and
Milwaukee, Wisconsin, operates 263 stores, which includes nine
furniture galleries and four clearance centers, in 25 states in the
Northeast, Midwest and upper Great Plains under the Bon-Ton,
Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and
Younkers nameplates. The stores offer a broad assortment of
national and private brand fashion apparel and accessories for
women, men and children, as well as cosmetics and home furnishings.
The Bon-Ton Stores, Inc. is an active and positive participant in
the communities it serves. For further information, please visit
http://investors.bonton.com.
CONTACT:
Investor Relations
Jean Fontana
ICR, Inc.
646.277.1214
jean.fontana@icrinc.com