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News: Nasdaq: Apple could face delisting

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Posted: August 11, 2006 01:29PM
Author: sdy284

c|net - "Apple Computer said on Friday that Nasdaq has notified the company that it believes the Mac maker is not in compliance with the exchanges rules and faces delisting. The Cupertino, Calif.-based company, which has delayed its quarterly filing pending an inquiry into stock option grant irregularities, said it has requested a hearing and will remain listed on the exchange pending that hearing. Stay tuned for more details."

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