General Motors (GM) to Join S&P 100 & 500; AIG (AIG) to Join S&P 100
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S&P Dow Jones Indices will make the following changes to the S&P 100 and 500 indices after the close of trading on Thursday, June 6:
*General Motors Co. (NYSE: GM) will replace H. J. Heinz Co. (NYSE: HNZ) in the S&P 100 and 500 indices. An investment consortium comprised of S&P 100 and 500 constituent Berkshire Hathaway Inc. (NYSE: BRK-B) and an investment fund affiliated with 3G Capital is acquiring Heinz in a deal expected to be completed on or about that date.
*American International Group Inc. (NYSE: AIG) will replace Baker Hughes Inc. (NYSE: BHI) in the S&P 100. Baker Hughes has a total market capitalization below $21 billion and is no longer representative.
*General Motors Co. (NYSE: GM) will replace H. J. Heinz Co. (NYSE: HNZ) in the S&P 100 and 500 indices. An investment consortium comprised of S&P 100 and 500 constituent Berkshire Hathaway Inc. (NYSE: BRK-B) and an investment fund affiliated with 3G Capital is acquiring Heinz in a deal expected to be completed on or about that date.
*American International Group Inc. (NYSE: AIG) will replace Baker Hughes Inc. (NYSE: BHI) in the S&P 100. Baker Hughes has a total market capitalization below $21 billion and is no longer representative.
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