Centerline Holding Co., New York, started trading over-the-counter market on the Pink Quotes (formerly the Pink Sheets) on Dec. 8, 2008. Its new ticker symbol is CLNH. On Dec. 1, 2008, the New York Stock Exchange delivered a written notice to Centerline saying its common shares would be suspended prior to the market opening on Dec. 8, 2008, because the company did not maintain a market capitalization of at least $25 million over a consecutive 30 trading day period. Centerline said it decided not to appeal the decision. Its subsidiary, Centerline Capital Group is an alternative asset manager focused on real estate funds and financing.
Processing Content
