Standard & Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
-- DreamWorks Animation SKG Inc. (NYSE: DWA) will replace Millennium Pharmaceuticals Inc. (Nasdaq: MLNM) in the S&P MidCap 400 after the close of trading on Thursday, May 8. Millennium Pharmaceuticals is being acquired by Takeda Pharmaceutical Company Ltd. in a deal expected to close on or about that date, pending final approvals.
-- HealthSpring Inc. (NYSE: HS) will replace Franklin Bank Corp. (Nasdaq: FBTX) in the S&P SmallCap 600 after the close of trading on Wednesday, May 7. As of today's close of trading, Franklin Bank had a market cap of $26 million, ranking 600th in the index.
-- Green Mountain Coffee Roasters Inc. (Nasdaq: GMCR) will replace Matria Healthcare Inc. (Nasdaq: MATR) in the S&P SmallCap 600 on a date to be announced. Matria Healthcare is being acquired by Inverness Medical Innovations (Amex: IMA) that is still pending final approvals.
Standard & Poor's will monitor these transactions, and post any relevant updates on its website: www.standardandpoors.com
DreamWorks Animation SKG principally develops and produces computer-generated animated feature films. Headquartered in Glendale, CA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Movies & Entertainment Sub-Industry index.
HealthSpring is a managed care organization. Headquartered in Franklin, TN, the company will be added to the S&P SmallCap 600 GICS Managed Health Care Sub-Industry index.
Green Mountain Coffee Roasters is involved in the specialty coffee industry. Headquartered in Waterbury, VT, the company will be added to the S&P SmallCap 600 GICS Packaged Foods & Meats Sub-Industry index. -- Standard & Poor's
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