UPDATE: Kansas City Southern (KSU) to Replace Dean Foods (DF) in S&P 500; WhiteWave Foods (WWAV) to S&P MidCap 400
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(Updated - May 16, 2013 5:22 PM EDT)
Kansas City Southern (NYSE: KSU) to replace Dean Foods (NYSE: DF) in S&P 500 and The WhiteWave Foods Co. (NYSE: WWAV) will replace Quicksilver Resources Inc. (NYSE: KWK) in the S&P MidCap 400 after the close of trading on Thursday, May 23.
Dean Foods is spinning off a portion of its remaining equity interest in WhiteWave in a transaction expected to be completed on or around that date, pending final approvals. The reduced market capitalization of Dean Foods after the spin-off will make it more representative of the midcap market space. Quicksilver Resources is ranked 400th in the S&P MidCap 400 and is no longer representative of the midcap market space.
Kansas City Southern (NYSE: KSU) to replace Dean Foods (NYSE: DF) in S&P 500 and The WhiteWave Foods Co. (NYSE: WWAV) will replace Quicksilver Resources Inc. (NYSE: KWK) in the S&P MidCap 400 after the close of trading on Thursday, May 23.
Dean Foods is spinning off a portion of its remaining equity interest in WhiteWave in a transaction expected to be completed on or around that date, pending final approvals. The reduced market capitalization of Dean Foods after the spin-off will make it more representative of the midcap market space. Quicksilver Resources is ranked 400th in the S&P MidCap 400 and is no longer representative of the midcap market space.
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