Jamba Juice (SVI)

[madtony]

Shares of Jamba Inc. to Trade on Nasdaq
Friday November 17, 5:37 pm ET
Shares of Jamba Inc. to Begin Trading on Nasdaq in Late November After Merger Completed

CHARLOTTE, N.C. (AP) -- Smoothie chain Jamba Juice Co. and Services Acquisition Corp. International said Friday their stock will trade on the Nasdaq after the companies' planned merger later this month.

Shares will trade on the exchange under ticker "JMBA," beginning Nov. 29.

In March, Services Acquisition, a so-called blank-check company formed specifically to acquire other businesses, said it would acquire Jamba Juice for $265 million in cash. The combined company will be called Jamba Inc.

Shares of Services Acquisition Corp. rose 4 cents to close at $10.82 on the American Stock Exchange. The company has asked to withdraw its stock from the American Stock Exchange after trading closes Nov. 28.