‘PAX’ Out, ‘ION’ In on ASE

Ion Media Networks Inc. (formerly Paxson Communications Corp.) changed its ticker symbol on the American Stock Exchange from “PAX” to “ION” effective Monday.

Paxson announced in late February that it will change its name to Ion assuming approval at its annual meeting of stockholders June 23.

The company changed the name of its network from Pax TV to i last June.