S&P Announces Changes to US Indices: ACN for MI in S&P 500, AGP for NHP in MidCap 400, NWBI for AGP, LINC for PPD in SmallCap 600
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Accenture plc (NYSE: ACN) will replace Marshall & Ilsley Corp. (NYSE: MI) in the S&P 500 index after the close of trading on Tuesday, July 5. S&P Global 1200 constituent Bank of Montreal (NYSE: BMO) is acquiring Marshall & Ilsley in a deal expected to be completed on or about that date pending final approvals.
S&P SmallCap 600 constituent AMERIGROUP Corp. (NYSE: AGP) will replace Nationwide Health Properties Inc. (NYSE: NHP) in the S&P MidCap 400 index, and Northwest Bancshares Inc. (NASDAQ: NWBI) will replace AMERIGROUP in the S&P SmallCap 600 index after the close of trading on Friday, July 1. Nationwide Health Properties is being acquired by S&P 500 constituent Ventas Inc. (NYSE: VTR) in a deal expected to be completed on or about that date pending final approvals.
Lincoln Educational Services Corp. (NASDAQ: LINC) will replace Pre-Paid Legal Services Inc. (NYSE: PPD) in the S&P SmallCap 600 index after the close of trading on Thursday, June 30. Private equity firm MidOcean PPL Holdings Corp. is acquiring Pre-Paid Legal Services in a deal expected to be completed on or about that date pending final approvals.
S&P SmallCap 600 constituent AMERIGROUP Corp. (NYSE: AGP) will replace Nationwide Health Properties Inc. (NYSE: NHP) in the S&P MidCap 400 index, and Northwest Bancshares Inc. (NASDAQ: NWBI) will replace AMERIGROUP in the S&P SmallCap 600 index after the close of trading on Friday, July 1. Nationwide Health Properties is being acquired by S&P 500 constituent Ventas Inc. (NYSE: VTR) in a deal expected to be completed on or about that date pending final approvals.
Lincoln Educational Services Corp. (NASDAQ: LINC) will replace Pre-Paid Legal Services Inc. (NYSE: PPD) in the S&P SmallCap 600 index after the close of trading on Thursday, June 30. Private equity firm MidOcean PPL Holdings Corp. is acquiring Pre-Paid Legal Services in a deal expected to be completed on or about that date pending final approvals.
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