(Editor's note: Investors should make the distinction between Bershire Bank (NASDAQ:BERK) that this article covers, and Berkshire Hills Bancorp (NYSE:BHLB) which is not the topic of this article.)
Berkshire Bank (BERK) is a regional bank with branches 12 in New York and New Jersey. Moses Marx, former director of The Cooper Companies (NYSE:COO) controls 65% of the shares outstanding. While the company was listed on NASDAQ, late last year the board of directors opted to delist the company and deregister the shares.
While most investors wouldn't look at delisting and deregistration as advantages, in Berkshire's case it's slightly different. With a market cap of just over $100 million, compliance with...
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