Public Storage, Inc. (PSA) said that it plans to voluntarily withdraw its securities from listing on NYSE Arca, Inc., formerly the Pacific Exchange. The company said that the securities will, however, continue to be listed on the New York Stock Exchange.
The company noted that the decision to voluntarily withdraw listing from NYSE Arca, Inc. was made to eliminate duplicative administrative requirements inherent with dual listings as a result of the NYSE Group's recent merger with Archipelago Holdings, the parent company of NYSE Arca. NYSE Arca will continue trading its securities on an unlisted trading privilege basis.
