NEW YORK — The New York Stock Exchange Monday notified Kmart Corp. that it will suspend trading of the firm’s common stock and the trust convertible preferred securities previously issued by Kmart Financing I before the market opens on Thursday.

The NYSE also told the bankrupt Troy, Mich.-based discount retail giant that it will then commence proceedings with the Securities and Exchange Commission to delist those securities. Kmart will attempt to resume trading on the over-the-counter bulletin board.

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