NEW YORK, Oct. 6 /PRNewswire-FirstCall/ -- Calgon Carbon Corp. will replace Allscripts Healthcare Solutions Inc. (NASD: MDRX) in the S&P SmallCap 600 after the close of trading on Friday, October 10. Allscripts is undergoing a corporate restructuring that will leave it majority-controlled by S&P Global 1200 constituent Misys Plc in a deal expected to close on or about that date, pending final approvals.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.
Calgon Carbon is a provider of products and solutions for purifying water and air. Headquartered in Pittsburgh, PA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Commodity Chemicals Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX - October 10, 2008
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Calgon Carbon Materials Commodity Chemicals
DELETED Allscripts Health Care Health Care Technology
Healthcare
Solutions
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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