NEW YORK-More than a year after its delisting, Marconi plc is returning to the Nasdaq Thursday to satisfy the yearnings of its influential U.S. shareholders.
The company, which has restructured, had indicated its intention to return in August.
The company fell out of the exchange when its shares dropped below the $1 level, a challenge that some other big vendors like Nortel Networks Ltd. and Lucent Technologies Inc. faced and survived.
Some of its investors include Fidelity, which has a 7.3-percent stake, Appaloosa Investment with 5.7 percent and Cerberus with 3.9 percent.
Marconi has more than 3,000 workers.
