Standard & Poor's Announces Changes to U.S. Index
January 18 2007 - 5:50PM
PR Newswire (US)
NEW YORK, Jan. 18 /PRNewswire/ -- Standard & Poor's will make
the following changes to the S&P SmallCap 600 index: * Corus
Bankshares Inc. (NASD:CORS) will replace Digitas Inc. (NASD:DTAS)
in the S&P SmallCap 600 index after the close of trading on
Wednesday, January 24. Digitas is being acquired by S&P Global
1200 constituent Publicis Groupe SA in a deal expected to close on
or about that date, pending final approvals. * S&P REIT
Composite constituent Medical Properties Trust Inc. (NYSE:MPW) will
replace Open Solutions Inc. (NASD:OPEN) in the S&P SmallCap 600
index after the close of trading on a date to be announced. Open
Solutions is being acquired by The Carlyle Group and Providence
Equity Partners in a deal that is still pending final approvals.
Standard & Poor's will monitor these transactions, and post any
relevant updates on its website: http://www.standardandpoors.com/.
Corus offers consumer and corporate banking products and services
in the United States. Headquartered in Chicago, IL, the company
will be added to the S&P SmallCap 600 GICS (Global Industry
Classification Standard) Thrifts & Mortgage Finance
Sub-Industry index. Medical Properties is a REIT that acquires,
develops, and makes investments in health care facilities.
Headquartered in Birmingham, AL, the company will be added to the
S&P SmallCap 600 GICS Specialized REITs Sub-Industry index.
Following is a summary of the changes: S&P SMALLCAP 600 INDEX -
January 24, 2007 COMPANY GICS ECONOMIC GICS SUB-INDUSTRY SECTOR
ADDED Corus Bankshares Financials Thrifts & Mortgage Finance
DELETED Digitas Information Internet Software & Services
Technology S&P SMALLCAP 600 INDEX - To Be Announced COMPANY
GICS ECONOMIC GICS SUB-INDUSTRY SECTOR ADDED Medical Properties
Financials Specialized REITs Trust DELETED Open Solutions
Information Application Software Technology Additions to and
deletions from an S&P equity index do not in any way reflect an
opinion on the investment merits of the companies concerned. About
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