S&P Announces Changes to SmallCap 600: CEVA for PTEC, POWI for GYMB, PFS for MTEX, MCF for NLS, STRI for KEI

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CEVA Hot Sheet

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CEVA Inc. (NASDAQ: CEVA) will replace Phoenix Technologies Inc. (NASDAQ: PTEC) after the close of trading on Friday, November 19. Phoenix Technologies is being acquired by Marlin Equity Partners in a deal expected to be completed on or about that date, pending final approvals.

Power Integrations Inc. (NASDAQ: POWI) will replace The Gymboree Corp. (NASDAQ: GYMB) after the close of trading on Monday, November 22. Gymboree is being acquired by Bain Capital Partners in a deal expected to be completed soon, pending final approvals.

Provident Financial Services Inc. (NYSE: PFS) will replace Mannatech Inc. (NASDAQ: MTEX), and Contango Oil & Gas Co. (AMEX: MCF) will replace Nautilus Inc. (NYSE: NLS) after the close of trading on Monday, November 22. Mannatech and Nautilus have market capitalizations below $52 million and $57 million respectively, ranking them at the bottom of the S&P SmallCap 600 index. They are no longer representative of the small cap market space.

STR Holdings Inc. (NASDAQ: STRI) will replace Keithley Instruments Inc. (NYSE: KEI) after the close of trading on a date to be announced. Keithley Instruments is being acquired by S&P 500 constituent Danaher Corp. (NYSE: DHR) in a deal expected to be completed soon, pending final approvals.

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