Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices
March 25 2012 - 3:15PM
PR Newswire (Canada)
TORONTO, March 27, 2012 /CNW/ - Standard & Poor's will make the
following changes in the S&P/TSX Canadian Indices: On March 26,
2012, the shareholders of Lakeside Steel Inc. (TSXVN:LS) approved
the Plan of Arrangement whereby the company will be acquired by JMC
Steel Group, Inc. for $C0.2983 cash per share. Lakeside Steel will
be removed from the S&P/TSX Venture Composite Index effective
after the close on Tuesday, March 27, 2012. Company additions to
and deletions from an S&P equity index do not in any way
reflect an opinion on the investment merits of the company. About
S&P Indices S&P Indices, a leading brand of the McGraw-Hill
Companies , maintains a wide variety of investable and benchmark
indices to meet an array of investor needs. Over $1.45 trillion is
directly indexed to our indices, which includes the S&P 500,
the world's most followed stock market index, the
S&P/Case-Shiller Home Price Indices, the leading measure of
U.S. home prices, the S&P Global BMI, an index with
approximately 11,000 constituents, the S&P GSCI, the industry's
most closely watched commodities index, and the S&P National
AMT-Free Municipal Bond Index, the premier investable index for
U.S. municipal bonds. For more information, please visit:
www.standardandpoors.com/indices. It is not possible to invest
directly in an index. S&P Indices does not sponsor, endorse,
sell, or promote any S&P index-based investment product. This
document does not constitute an offer of services in jurisdictions
where S&P Indices or its affiliates do not have the necessary
licenses. S&P Indices receives compensation in connection with
licensing its indices to third parties. Standard & Poor's
Canadian Index Operations CONTACT: Tony North(416)
507-3204sp_index@standardandpoors.comDave Guarino1 212 438
1471Dave_guarino@standardandpoors.com
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