Disney to Withdraw Listing on NYSE Arca

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by

Mr. Daps
in

BURBANK, Calif. (AP) — Media giant Walt Disney Co. said Friday it plans to withdraw listing of its shares on the online stock exchange NYSE Arca.
Disney said the move will lower costs. The withdrawal will happen within the next two weeks, the company said, adding that it will keep its listing on the New York Stock Exchange.

NYSE Arca was formerly known as the Pacific Stock Exchange.

Separately, Disney also said Friday it had closed its acquisition of computer animation specialist Pixar Animation Studios Inc. The $7.4 billion all-stock transaction was announced in January.

Disney shares rose 8 cents in after-hours trading to $29.17. They had closed up 69 cents, or 2.4 percent, at $29.09 on the Big Board.

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Mr. Daps

Mr. Daps is the Founder and Editor in Chief of Daps Magic! Find Mr. Daps regularly at Disneyland with his trilby and bow tie taking pictures and simply enjoying the Happiest Place on Earth. He is the weekly host of GEEKS CORNER and your reporter for all that Disney And Positive Stuff. Find videos of all of that one the Daps Magic YouTube channel.  Mr. Daps is also a Brand Ambassador with Her Universe! Find Mr. Daps on Twitter, Instagram, and Threads! If you see Mr. Daps in the parks, be sure and say hi!

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