THE New York stock exchange appears to be the latest institution to bow to pressure from animal rights groups. Last week it was due to float Life Sciences Research, the US-based parent company of Huntingdon Life Sciences in Cambridgeshire, UK, but it postponed the flotation just 45 minutes before trading began.
Ray Pellicchia, a spokesman on corporate issues for the NYSE, declined to comment on reports that the decision was due to pressure from animal rights groups. He also says he has no idea when LSR will be floated.
But Richard Michaelson, chief financial officer for LSR, says that when…
