Bell Industries Announces Move to AMEX; Trading to Begin on March 13.Business Editors EL SEGUNDO, Calif.--(BUSINESS WIRE)--March 6, 2000 Bell Industries Inc. (NYSE NYSE See: New York Stock Exchange :BI) today announced that its securities have been approved for listing on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. ("AMEX AMEX See: American Stock Exchange ") The company will begin trading on the AMEX on Monday, March 13, 2000. The trading symbol Trading symbol See: Ticker symbol for Bell Industries will remain unchanged. The company previously announced that it will continue to trade 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. (NYSE) through Friday, March 10. "This move is in line with the company's current capital structure, following the distribution of approximately $67 million to our shareholders during 1999," said Tracy A. Edwards, president and chief executive officer. "For more than 30 years, Bell has traded under the specialist system, and we are confident that our shareholders will continue to receive well-executed trades and service on the AMEX." Bell's primary business is the systems integration group, a multi-regional provider of integrated computer technology solutions for large- and medium-sized organizations. Bell also distributes after-market parts and accessories to the recreational vehicle market and manufactures specialized products for the computer and electronics industry. |
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