4Kids Entertainment, Inc. To List On The New York Stock Exchange.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 14, 2000 4Kids Entertainment, Inc. (Nasdaq: KIDE), today announced that it has been approved for listing on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and that the Company expects to begin trading on the NYSE NYSE See: New York Stock Exchange Wednesday, September 20, 2000, under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors "KDE (K Desktop Environment) A GUI-based user interface primarily for Unix and Linux machines, but also available for Windows and Mac. The source code is freely distributed and is maintained by developers around the world. ." Until that time, the 4Kids Entertainment's common stock will continue trading on the Nasdaq National Market. "Our move to the New York Stock Exchange is primarily motivated by our desire to provide superior market quality for all investors and a short sales rule that is more restrictive. Listing on the NYSE offers us more visibility and a greater opportunity toward building global brand awareness," said Al Kahn, Chairman and Chief Executive Officer of 4Kids. "4Kids' decision to end its long-term relationship with Nasdaq was not an easy one. However, we believe this change is in the best interest of our shareholders." About 4Kids: Headquartered in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , 4Kids Entertainment, Inc., (Nasdaq: KIDE) is a vertically-integrated entertainment company whose wholly-owned subsidiaries include: Leisure Concepts, Inc., a leader in domestic and international merchandise licensing and product development; 4Kids Productions, a television, film, music and home video production company; The Summit Media Group, a domestic and international television distribution and media buying company; Websites4Kids, a web site development company; and Technology4Kids, which integrates technologies with toy and game concepts. For further information visit the Company's Web site at www.4KidsEntertainmentInc.com. This press release contains forward-looking statements. Due to the fact that the Company faces competition from toy companies, motion picture studios and other licensing companies, and the uncertainty of public response to the Company's properties, actual results or outcomes may differ materially from any such forward looking statements. This release and prior releases are available on the Company's Worldwide website at www.4KidsEntertainmentInc.com. This release and prior releases are also available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Worldwide Web site at www.kcsa.com. |
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