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Sodexho Alliance has decided to delist itself from the New York Stock Exchange

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FM Staff

Sodexho Alliance has decided to delist itself from the New York Stock Exchange. The Paris-based firm will continue to be traded on the Euronext exchange, where approximately 97 percent of its trading volume took place over the past 12 months. In fact, NYSE has accounted for only about one percent of Sodexho’s total share trading in the past five years since it gained full control of the North American Sodexho Marriott organization. Delisting will also allow the company to operate under a single accounting standard. Sodexho anticipates delisting and deregistration to take place before August 31, 2007.

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Food Management Staff

Food Management is a media brand that features trends and best practices, products and solutions that connect deeply with the noncommercial foodservice professional. Four key onsite segments — College & University, K-12, Healthcare, and Business & Industry dining — are the focal points in our coverage. Our audience receives both the big picture information they need as well as segment specific knowledge to run their businesses better.

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