NEW YORK, May 2, 2011 /PRNewswire/ -- S&P will make the
following changes to S&P SmallCap 600 Index:
- Select Comfort Corp. (NASD:SCSS) will replace Tollgrade
Communications Inc. (NASD:TLGD) after the close of trading on
Thursday, May 5. Private equity firm
Golden Gate Capital is acquiring Tollgrade Communications in a deal
expected to be completed on or about that date pending final
approvals.
- Cirrus Logic Inc. (NASD:CRUS) will replace Epicor Software
Corp. (NASD:EPIC) after the close of trading on Friday, May 6. Private equity firm Apax Partners
is acquiring Epicor Software in a deal expected to be completed
soon, pending final conditions.
Standard & Poor's will monitor these transactions, and post
any relevant updates on its website: www.standardandpoors.com.
Select Comfort develops, manufactures, markets, and distributes
adjustable-firmness beds and other sleep-related accessory
products. Headquartered in Minneapolis, MN, the company will be added to
the S&P SmallCap 600 GICS (Global Industry Classification
Standard) Homefurnishing Retail Sub-Industry index.
Cirrus Logic develops high-precision analog and mixed-signal
integrated circuits. Headquartered in Austin, TX, the company will be added to the
S&P SmallCap 600 GICS Semiconductors Sub-Industry index.
Following is a summary of the changes:
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S&P
SMALLCAP 600 INDEX – May 5, 2011
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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Select
Comfort
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Consumer
Discretionary
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Homefurnishing Retail
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DELETED
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Tollgrade
Communications
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Information
Technology
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Communications
Equipment
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S&P
SMALLCAP 600 INDEX – May 6, 2011
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COMPANY
|
GICS
ECONOMIC SECTOR
|
GICS
SUB-INDUSTRY
|
|
|
ADDED
|
Cirrus
Logic
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Information
Technology
|
Semiconductors
|
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DELETED
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Epicor
Software
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Information
Technology
|
Application
Software
|
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For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
About S&P Indices
S&P Indices, the world's leading index provider, maintains a
wide variety of investable and benchmark indices to meet an array
of investor needs. Over $1.25
trillion is directly indexed to Standard & Poor's family
of indices, which includes the S&P 500, the world's most
followed stock market index, the S&P/Case-Shiller Home Price
Indices, the leading measure of U.S. home prices, the S&P
Global BMI, an index with approximately 11,000 constituents, the
S&P GSCI, the industry's most closely watched commodities
index, and the S&P National AMT-Free Municipal Bond Index, the
premier investable index for U.S. municipal bonds. For more
information, please visit www.standardandpoors.com/indices.
For more information contact:
David M. Blitzer, Ph.D.
Managing Director & Chairman of the Index Committee
(212) 438-3907
SOURCE Standard & Poor's