- VCA Antech Inc. (NASD:WOOF) will replace IMC Global Inc. (NYSE:IGL) in the S&P MidCap 400. IMC Global is merging with a subsidiary of privately-held Cargill Inc. in a deal expected to close on or about that date, subject to final approval.
- Amedisys Inc. (NASD:AMED) will replace Tower Automotive Inc. (NYSE:TWR) in the S&P SmallCap 600. Tower Automotive’s stock has traded below $2.00 per share for ten consecutive days.
VCA Antech operates a network of veterinary diagnostic laboratories and freestanding, full-service animal hospitals. Headquartered in Los Angeles, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Health Care Facilities Sub-Industry Index.
Amedisys is a provider of home healthcare nursing services. Headquartered in Baton Rouge, LA, the company will be added to the S&P SmallCap 600 GICS Health Care Services Sub-Industry Index.
Following is a summary of the changes:
| S&P MIDCAP 400 INDEX – October 22, 2004 | |||
| COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
| ADDED | VCA Antech | Health Care | Health Care Facilities |
| DELETED | IMC Global | Materials | Fertilizers & Agricultural Chemicals |
| S&P SMALLCAP 600 INDEX – October 22, 2004 | |||
| COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
| ADDED | Amedisys | Health Care | Health Care Services |
| DELETED | Tower Automotive | Consumer Discretionary | Auto Parts & Equipment |
Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.
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