S&P Changes: ACAS, BBG
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- Notable Analyst Rating Changes: RSH, ANF, NOC, ADBE, HERO Upgraded; RIMM, RHT, GPS, AZN, SGY Downgraded
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July 2, 2007 5:22 PM EDT
American Capital Strategies Ltd. (NASDAQ: ACAS) will replace Dollar General Corp. (NYSE: DG) in the S&P 500. Dollar General is being acquired by investment funds affiliated with Kohlberg Kravis Roberts & Co. L.P. in a deal expected to close on or about that date, pending final approvals.
Bill Barrett Corp. (NYSE: BBG) will replace Laureate Education Inc. (NASDAQ: LAUR) in the S&P MidCap 400. Laureate is being acquired by an investor group led by its chairman and CEO in a deal expected to close on or about that date, pending final approvals.
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