S&P Changes: IEX, CYBS, SNX, KNOT
S&P SmallCap 600 constituent IDEX Corp. (NYSE: IEX) will replace BISYS Group Inc. (NYSE: BSG) in the S&P MidCap 400 and CyberSource Corp. (NASDAQ: CYBS) will replace IDEX Corp. in the S&P SmallCap 600 after the close of trading on Wednesday, August 1. BISYS is being acquired by S&P 100 & 500 constituent Citigroup Inc. (NYSE: C) in a deal expected to close on or about that date, pending final approvals.
SYNNEX Corp. (NYSE: SNX) will replace EGL Inc. (NASDAQ: EAGL) in the S&P SmallCap 600 after the close of trading on Thursday, August 2. EGL Inc. is being acquired by an affiliate of Apollo Management L.P. in a deal expected to close on or about that date, pending final approvals.
The Knot Inc. (NASDAQ: KNOT) will replace Aeroflex Inc. (NASDAQ: ARXX) in the S&P SmallCap 600 after the close of trading on a date to be announced. Aeroflex is being acquired by Veritas Capital in a deal still pending final approvals.
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