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New York City-In the wake of the firm's delisting from the New York Stock Exchange, Grubb & Ellis could go private. The exchange unveiled the delisting in early October, citing Grubb's inability to meet two points in its listings criteria: a "$50-million average market capitalization and $50million stockholders' equity." In a statement, stock-exchange spokespeople added that Grubb "does not expect to be able to comply on a going-forward basis." At the time, Grubb (GBE) was trading at $1.35 per share.