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NEW YORK, Sept. 24 /PRNewswire/ -- S&P will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 Indices:
-- Solera Holdings Inc. (NYSE:SLH) will replace Metavante Technologies
Inc. (NYSE:MV) in the S&P MidCap 400 after the close of trading on
Thursday, October 1. Metavante Technologies is being acquired by S&P
500 constituent Fidelity National Information Services Inc. (NYSE: NYSE:FIS) in a deal expected to be completed on or about that date.
-- EZCORP Inc. (NASDAQ:EZPW) will replace SPSS Inc. (NASDAQ:SPSS) in
the S&P SmallCap 600 after the close of trading on a date to be
announced. S&P 100 & 500 constituent International Business Machines
Corp. (NYSE:IBM) is acquiring SPSS in a transaction expected to close
soon pending final approvals.
Standard & Poor's will monitor these transactions, and post any relevant updates on its website: http://www.standardandpoors.com/.
Solera Holdings is a provider of software and services to the automobile insurance claims processing industry. Headquartered in San Diego, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Application Software Sub-Industry index.
EZCORP provides credit services to individuals who do not have cash resources or access to credit. Headquartered in Austin, TX, the company will be added to the S&P SmallCap 600 GICS Consumer Finance Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX - October 1, 2009
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Solera Information Technology Application Software
DELETED Metavante Information Technology Data Processing &
Technologies Outsourced Services
S&P SMALLCAP 600 INDEX - TBA
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED EZCORP Financials Consumer Finance
DELETED SPSS Information Application Software
Technology
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DATASOURCE: Standard & Poor's
CONTACT: David M. Blitzer, Ph.D., Managing Director & Chairman of the
Index Committee, +1-212-438-3907
Web Site: http://www.standardandpoors.com/