NEW YORK, May 13, 2016 /PRNewswire/ -- Digital Realty
Trust Inc. (NYSE: DLR) will replace Time Warner Cable Inc. (NYSE:
TWC) in the S&P 500 after the close of trading on Tuesday, May 17. Charter Communications Inc.
(NASD: CHTR) is acquiring Time Warner Cable in a deal expected to
be completed on or about that date pending final
conditions.
Digital Realty Trust, a real estate investment trust (REIT),
engages in the ownership, acquisition, development, redevelopment,
and management of technology-related real estate. Headquartered in
San Francisco, CA, the company
will be added to the S&P 500 GICS (Global Industry
Classification Standard) Specialized REITs Sub-Industry index.
Following is a summary of the change:
|
S&P 500 INDEX
– MAY 17, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Digital Realty
Trust
|
Financials
|
Specialized
REITs
|
|
DELETED
|
Time Warner
Cable
|
Consumer
Discretionary
|
Cable &
Satellite
|
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