S&P Changes: POM, EGN, KCI
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S&P MidCap 400 constituent Pepco Holdings Inc. (NYSE: POM) will replace Manor Care Inc. (NYSE: HCR) in the S&P 500, S&P SmallCap 600 constituent Energen Corp. (NYSE: EGN) will replace Pepco in the S&P MidCap 400 and S&P REIT Composite constituent DiamondRock Hospitality Co. (NYSE:DRH) will replace Energen in the S&P SmallCap 600 after the close of trading on Wednesday, November 7. Manor Care is being acquired by The Carlyle Group in a deal expected to close on or about that date, pending final approvals.
Kinetic Concepts Inc. (NYSE: KCI) will replace Pogo Producing Co. (NYSE: PPP) in the S&P MidCap 400 after the close of trading on Tuesday, November 6. Pogo is being acquired by S&P MidCap 400 constituent Plains Exploration & Production Co. (NYSE: PXP) in a deal expected to close on or about that date, pending final approvals.
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