WOODLAND HILLS Calif. Grill Concept Inc.’s stockholders Tuesday ratified a previously announced plan to delist the company's stock from the Nasdaq exchange as early as Wednesday. Officials said the move would save the company an estimated $766,000 a year by eliminating the increasingly expensive cost of public reporting.Approved at a special meeting Tuesday, the plan included a reverse-forward stock split that would essentially cash out the smallest shareholders to reduce the number ...
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Contact: Desiree Torres Desiree.Torres@penton.com