NEW YORK, Sept. 17, 2019 /PRNewswire/ -- CDW Corp.
(NASD: CDW) will replace Total System Services Inc. (NYSE: TSS) in
the S&P 500 effective prior to the open of trading on Monday,
September 23. S&P 500 constituent Global Payments Inc.
(NYSE: GPN) is acquiring Total System Services in a transaction
expected to be completed after the market close today.
CDW Corp provides integrated information technology solutions to
business, government, education, and healthcare customers.
Headquartered in Lincolnshire, IL
the company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Technology Distributors index.
Following is a summary of the change:
S&P 500 INDEX
– September 23, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
CDW Corp
|
Information
Technology
|
Technology
Distributors
|
DELETED
|
Total System
Services
|
Information
Technology
|
Data Processing &
Outsourced Services
|
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