The New York Stock Exchange has confirmed what LIN TV Corp. had already reported – the company is back in compliance with the NYSE’s continued listings standards. Specifically, the company’s average market capitalization is above the $75 million minimum.
LIN had noted that by the time it received the NYSE non-compliance notice in January it was already back in compliance. Now that has been confirmed by the exchange.
“The November 12, 2009 notice from the NYSE was delivered following the Company’s compliance with the NYSE minimum market capitalization requirements over the prior two consecutive quarters,” LIN noted in an SEC filing.