CBL Properties, a Chattanooga, Tennessee-based real estate investment trust that owns shopping centers located primarily in the southeastern and midwestern U.S., this week confirmed that it has been notified by the New York Stock Exchange that the company is not in compliance with the exchange's continued listing criteria. That requires companies listed on the exchange to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.
CBL Considering Reverse Stock Split to Address Potential Delisting
Firm Makes Progress Backfilling Former Bon-Ton and Sears Spaces
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- Properties
- Laurel Park Place
37700 6 Mile Rd, Livonia, MI
- Companies