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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Alleghany Corp | NYSE:Y | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 847.79 | 0 | 00:00:00 |
By Kathryn Hardison
Antero Resources Corp. will join the S&P MidCap 400, replacing Alleghany Corp.
The transition will be effective prior to the beginning of trading on Thursday, the S&P Dow Jones Indices said Monday.
Berkshire Hathaway Inc., an S&P 500 member, is acquiring Alleghany in a deal that is expected to be completed soon, S&P Dow Jones Indices said. Alleghany owns operating subsidiaries and manages investments, anchored by a core position in property and casualty reinsurance and insurance.
Antero Resources is an independent natural-gas and natural-gas liquids company. It is involved in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio.
Shares of Antero rise 5.7% to $35.86 in after-hours trading.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
October 17, 2022 18:14 ET (22:14 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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