NEW YORK, July 11, 2011 /PRNewswire/ -- General Cable Corp.
(NYSE: BGC) will replace SRA International Inc. (NYSE: SRX) in the
S&P MidCap 400 index after the close of trading on Friday, July 15. Providence Equity Partners
LLC is acquiring SRA International in a deal expected to be
completed on or about that date pending final approvals.
Standard & Poor's will monitor this transaction, and post
any relevant updates on its website: www.standardandpoors.com.
General Cable Corporation provides copper, aluminum, and fiber
optic wire and cable products. Headquartered in Highland Heights, KY, the company will be
added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Electrical Components & Equipment
Sub-Industry index.
Following is a summary of the change:
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S&P
MIDCAP 400 INDEX – July 15, 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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General
Cable
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Industrials
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Electrical
Components & Equipment
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DELETED
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SRA
International
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Information
Technology
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IT
Consulting & Other Services
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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