JACOR'S INCLUSION IN NASDAQ TO CONTINUE
JACOR'S INCLUSION IN NASDAQ TO CONTINUE CINCINNATI, Jan. 21 /PRNewswire/ -- Jacor Communications, Inc.
(NASDAQ: JCOR), announced today that the NASD has agreed to continue including the company's common stock for quotation in the National Association of Securities Dealer's Automated Quotations System (NASDAQ) through an exception from NASDAQ's minimum capital and surplus requirement.
The NASD has continued a temporary exception from this minimum capital and surplus requirement to allow the company additional time to bring itself into compliance. If the company is unable to meet these conditions relative to future compliance, the NASD might cease including the company's securities in quotations on the NASDAQ System, in which event they should continue to be quoted in the over-the-counter market. The company's NASDAQ Symbol will continue to be JCORC for the period of this exception. Jacor Communications, Inc., headquartered in Cincinnati, currently owns 11 radio stations, a cable television system and the Georgia Network. The company's stations are located in Atlanta, Cincinnati, Denver, Jacksonville, Knoxville and Tampa. -0- 1/21/92 /CONTCT: R. Christopher Weber of Jacor Communications, 513-621-1300/ (JCORC) CO: Jacor Communications, Inc. ST: Ohio IN: ENT SU:
LC -- CL018 -- 2033 01/21/92 16:19 EST
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|Date:||Jan 21, 1992|
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