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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of Earliest Event Reported) APRIL 3, 1996
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THE ARLEN CORPORATION
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(Exact Name of Registrant as Specified in Its Charter)
NEW YORK
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(State or Other Jurisdiction of Incorporation)
1-6675 13-2668657
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(Commission File Number) (IRS Employer
Identification No.)
505 EIGHTH AVENUE, NEW YORK, NEW YORK 10018
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(Address of Principal Executive Offices) (Zip Code)
(212) 736-8100
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
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Item 5. Other Events.
Effective as of April 3, 1996, the shares of Common Stock of The Arlen
Corporation (the "Registrant") ceased to be listed on the Philadelphia Stock
Exchange (the "Exchange"). Such delisting followed the filing by the Exchange
of a Delisting Certificate with the Securities and Exchange Commission
requesting that the Registrant's Common Stock be removed from listing and
registration on the Exchange. The delisting action, which, as previously
reported, had been anticipated, was based upon the inability of the Registrant
to meet certain minimum per share trading price and net tangible asset
requirements adopted by the Exchange in 1994 as part of new criteria which must
be met in order for a company to maintain the listing of its securities on the
Exchange.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this Report to be signed
on its behalf by the undersigned, thereunto duly authorized.
THE ARLEN CORPORATION
(Registrant)
By: /s/ Allan J. Marrus
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Allan J. Marrus, President
Dated: April 15, 1996
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