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Tweeter common stock moves to Pink Sheets
By Jennifer Lanning Drey
Portland, Ore. June 21 - Tweeter Home Entertainment Group, Inc.'s common stock moved to the Pink Sheets and began trading Thursday under the ticker "TWTRQ."
As previously reported, the company received a delisting notice from Nasdaq on June 15 after Tweeter filed for Chapter 11 bankruptcy.
The company did not plan to appeal the Nasdaq delisting and expected trading of its common stock on Nasdaq to be suspended at the open on Thursday, according to a previous news release.
Tweeter, a Canton, Mass., consumer electronics retailer, filed for bankruptcy on June 11 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 07-10787.
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