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Why is Nationwide Financial Services no longer a publicly traded company?

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Why is Nationwide Financial Services no longer a publicly traded company?

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Effective January 1, 2009, NFS became a wholly-owned subsidiary of Nationwide Mututal Insurance Company (“Nationwide”) and a private company (“the transaction”). As part of the transaction, Nationwide purchased all of the outstanding shares of common stock of Nationwide Financial Services it did not already own. Accordingly, NFS has filed the required documents with the SEC and the New York Stock Exchange to voluntarily delist the company’s class A common stock from the New York Stock Exchange.

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