Printer Friendly

GROUND ROUND RESTAURANTS, INC. SHARES TO TRADE ON THE NASDAQ NATIONAL MARKET SYSTEM

 BOSTON, June 17 /PRNewswire/ -- Michael P. O'Donnell, chairman of the board, president and chief executive officer, today announced that Ground Round Restaurants, Inc. (AMEX: GRX) will trade on the NASDAQ National Market System effective June 24, 1993. At that time, the company's common shares will trade under the symbol: "GRXR," and will cease trading on AMEX.
 "We feel that listing our stock on the NASDAQ National Market System is in the best interest of our company and the shareholders," commented O'Donnell. "NASDAQ's system of multiple market makers should provide more visibility and better liquidity for our stock, both of which are important objectives for the shareholders."
 Ground Round Restaurants, Inc. currently operates 160 and franchises 44 casual, family-oriented full-service restaurants under the trade name THE GROUND ROUND, located primarily in the Northeast, Mid-Atlantic and Midwest regions of the United States.
 -0- 6/17/93
 /CONTACT: Mary Conroy, investor relations for the Ground Round, 617-380-3121/
 (GRX)


CO: Ground Round Restaurants, Inc. ST: Massachusetts IN: LEI FOD SU:

CM -- NE004 -- 2976 06/17/93 09:56 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 17, 1993
Words:175
Previous Article:STATE UNIVERSITY OF NEW YORK PURCHASES INSTASCAN FROM ADVANCED NMR FOR USE IN ADVANCED RESEARCH AND CLINICAL APPLICATIONS
Next Article:U.S. HEALTH CARE REFORMERS MAY DRAW KEY LESSONS FROM NEW STUDY OF EUROPEAN HEALTH CARE TRENDS
Topics:


Related Articles
UNDERWRITERS ANNOUNCE INITIAL PUBLIC OFFERING OF CHECKERS DRIVE-IN RESTAURANTS AT $16 PER SHARE
KRYSTAL COMPANY FILES WITH SEC FOR INITIAL PUBLIC OFFERING
MAIN ST. & MAIN INC. SHARES NOW TRADE IN NASDAQ NATIONAL MARKET
DF&R RESTAURANTS ANNOUNCES PUBLIC OFFERING IS EFFECTIVE
GROUND ROUND RESTAURANTS, INC. PROPOSES PUBLIC OFFERING OF CONVERTIBLE SUBORDINATED DEBENTURES
GROUND ROUND RESTAURANTS, INC. FILES FOR PUBLIC OFFERING OF CONVERTIBLE SUBORDINATED DEBENTURES
GROUND ROUND RESTAURANTS, INC. WITHDRAWS PUBLIC OFFERING OF CONVERTIBLE SUBORDINATED DEBENTURES
CARL'S LISTS STOCK ON NEW YORK STOCK EXCHANGE, TRADING BEGINS TODAY UNDER SYMBOL CKR
KOO KOO ROO INC. ANNOUNCES COMMON STOCK TO TRADE ON NASDAQ NATIONAL MARKET SYSTEM
RUDY'S RESTAURANT GROUP APPROVED FOR NASDAQ TRADING

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters