Printer Friendly

FRED MEYER TO LIST COMMON STOCK ON NEW YORK STOCK EXCHANGE

 FRED MEYER TO LIST COMMON STOCK ON NEW YORK STOCK EXCHANGE
 PORTLAND, Ore., Aug. 11 /PRNewswire/ -- Fred Meyer Inc. (NASDAQ: MEYR), a $2.7-billion retailer of food and nonfood products sold at unique one-stop-shopping stores in seven western states, announced today that it has applied for listing of its common stock on the New York Stock Exchange (NYSE).
 Fred Meyer's common stock has been traded since 1986 on the over- the-counter market of NASDAQ using the symbol MEYR. The current NASDAQ listing will continue until the NYSE listing takes effect on Sept. 9.
 "We expect to receive broader exposure for our common stock by listing on the New York Stock Exchange," Robert G. Miller, chairman of the board and chief executive officer, said. "We believe this move will help us expand the national recognition of our company and attract more investors in our stock."
 Fred Meyer is headquartered in Portland, and is a leading regional retailer of a wide range of food, apparel, general merchandise, home electronics, fine jewelry and home improvement products sold in unique one-stop-shopping stores ranging in size up to 200,000 square feet. The company operates 120 stores, including 94 of its large multidepartment stores, in Oregon, Washington, Utah, Idaho, Alaska, Montana and California. Fred Meyer reported 1991 sales of $2.7 billion and employs approximately 24,000 people.
 -0- 8/11/92
 /CONTACT: Rob Boley of Fred Meyer, 503-233-7176, or home, 503-697-3858/
 (MEYR) CO: Fred Meyer Inc. ST: Oregon IN: REA SU:


SC-JH -- SE002 -- 8946 08/11/92 12:01 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 11, 1992
Words:256
Previous Article:DELTA RECEIVES ITS 50TH BOEING 767
Next Article:STATE OF MARYLAND, BALTIMORE GAS & ELECTRIC, WASHINGTON GAS TO DEDICATE NATURAL GAS VEHICLE REFUELING STATION ON AUG. 13
Topics:


Related Articles
FRED MEYER FILES PUBLIC OFFERING OF 4,000,000 SHARES OF COMMON STOCK
FRED MEYER BEGINS TRADING ON NEW YORK STOCK EXCHANGE
FRED MEYER PROMOTES SCOTT WIPPEL AND ROGER COOKE TO SENIOR VICE PRESIDENT
FRED MEYER INC. FILES PUBLIC OFFERING OF 3,000,000 SHARES OF COMMON STOCK
FRED MEYER, INC. ANNOUNCES PUBLIC OFFERING OF ITS COMMON STOCK
FRED MEYER REPORTS STRIKE UPDATE
FRED MEYER REPORTS FIRST QUARTER 1996 EPS OF $0.33 VS. $0.11 FOR THE PRIOR YEAR ON 11.2% SALES INCREASE
FRED MEYER PROMOTES CURT LEREW TO PRESIDENT AND CHIEF OPERATING OFFICER
Fred Meyer Inc. Files Public Offering of 3,600,000 Shares of Common Stock
Fred Meyer, Quality Food Centers, and Ralphs Grocery Company Mergers Completed

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters