Osiris Acquisition (NYSE:OSI)
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NEW YORK, May 3 /PRNewswire-FirstCall/ -- Digital River Inc. (NASDAQ:DRIV) will replace OSI Restaurant Partners, Inc. (NYSE:OSI) in the S&P MidCap 400 after the close of trading on a date to be announced. OSI Restaurant Partners is being acquired by an investor group comprised of Bain Capital Partners LLC, Catterton Partners, and OSI Restaurant founders in a deal that is still pending final approvals.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.
Digital River provides outsourced e-commerce solutions to software and high-tech products markets and retailers. Headquartered in Eden Prairie, MN, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Internet Software & Services Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX -- To Be Announced
COMPANY GICS ECONOMIC GICS SUB-INDUSTRY
SECTOR
ADDED Digital River Information Internet Software
Technology & Services
DELETED OSI Restaurant Consumer Restaurants
Partners Discretionary
Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.
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DATASOURCE: Standard & Poor's
CONTACT: David M. Blitzer, Ph.D., Standard & Poor's Managing Director &
Chairman of the Index Committee, +1-212-438-3907
Web site: http://www.standardandpoors.com/
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