FlyerTalk Forums - View Single Post - BAB delisting on the NYSE - What does that mean?
Old May 29, 2007 | 3:30 pm
  #3  
ian001
 
Join Date: Oct 2004
Location: New York
Programs: BA, LH, VS, Hyatt, SPG
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Originally Posted by Land-of-Miles
This may be due to the rigours of a US listing (e.g. SARBOX requirements etc). Many companies are delisting from the US and re-listing, or concentrating their listing on the LON Market. There may be no more sinister purpose than this.
This was announced at the Investor's Day. The delisting in the US is to reduce BA's compliance costs. IIRC the savings were in the millions.
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