Company Status Data in Datastream
There is much confusion in understanding Datastream’s company status information, especially when a company is dead or delisted. Generally, you may find the following 3 types of non active status data:
Dead: In Datastream, a dead company is a company or corporation that is formally dissolved but has not yet completed distributing its assets. Therefore, you will find `dead – delisted’ meaning dead and also delisted; `dead – EXCHANGE INTO’ meaning company merged with another company and is using a different company name/id; `dead – T/O’ meaning dead and taken over by another company.
Delisted: This means that a company’s stocks are no longer listed on a stock exchange. There are various reasons for the removal, including: a. the security no longer exists, the company is bankrupt; b. the public distribution of the security has dropped to an unacceptably low level; c. the company has failed to comply with the terms of its listing agreement.
Suspended: This referrs to the status of a listed security of a company, who’s trading privileges have been revoked by the Exchange. All securities of the company remain suspended until trading privileges have been reinstated, or the company is delisted.