NEW YORK, April 13, 2017 /PRNewswire/ -- Sabre Corp.
(NASD: SABR) will replace B/E Aerospace Inc. (NASD: BEAV) in the
S&P MidCap 400, effective prior to the open on Wednesday, April 19. S&P 500 constituent
Rockwell Collins Inc. (NYSE: COL) is acquiring B/E Aerospace in a
deal expected to close today.
Sabre Corp. provides technology solutions to the travel and
tourism industry. Headquartered in Southlake, TX, the company will be added to
the S&P MidCap 400 GICS (Global Industry Classification
Standard) Data Processing & Outsourced Services Sub-Industry
index.
Following is a summary of the change:
S&P MIDCAP 400
INDEX – APRIL 19, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Sabre
|
Information
Technology
|
Data Processing &
Outsourced Services
|
DELETED
|
B/E
Aerospace
|
Industrials
|
Aerospace &
Defense
|
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SOURCE S&P Dow Jones Indices