S&P Announces Changes to U.S. Indices (PHLY for ILA, GHL for PHLY, LHO for USNA)
S&P SmallCap 600 constituent Philadelphia Consolidated Holding Corp. (NASDAQ: PHLY) will replace Aquila Inc. (NYSE: ILA) in the S&P MidCap 400, and Greenhill & Co. Inc. (NYSE: GHL) will replace Philadelphia Consolidated Holding in the S&P SmallCap 600. Aquila is being acquired by S&P MidCap 400 constituent Great Plains Energy Inc. (NYSE: GXP) in a deal expected to close on or about that date, pending final approvals.
S&P REIT Composite constituent LaSalle Hotel Properties (NYSE: LHO) will replace USANA Health Sciences Inc. (NASDAQ: USNA) in the S&P SmallCap 600. USANA is being taken private by an investor group led by their senior management in a tender offer scheduled to expire on that date.
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