Standard & Poor's Announces Change to U.S. Index
May 11 2006 - 5:48PM
PR Newswire (US)
NEW YORK, May 11 /PRNewswire/ -- Standard & Poor's will make
the following change to the S&P SmallCap 600: -- Safety
Insurance Group Inc. (NASD: SAFT) will replace Sybron Dental
Specialties Inc. (NYSE:SYD) after the close of trading on Monday,
May 15, 2006. Sybron Dental is being acquired by S&P 500
constituent Danaher Corp. (NYSE:DHR) in a tender offer expected to
close on or about that date, pending final approval. Standard &
Poor's will monitor this transaction, and post any relevant updates
on its website: http://www.standardandpoors.com/. Safety Insurance
provides private passenger automobile insurance in Massachusetts.
In addition, the company offers a portfolio of property and
casualty insurance products. Headquartered in Boston, MA, the
company will be added to the S&P SmallCap 600 GICS (Global
Industry Classification Standard) Property & Casualty Insurance
Sub-Industry index. Following is a summary of the change: S&P
SMALLCAP 600 INDEX - May 15, 2006 COMPANY GICS ECONOMIC SECTOR GICS
SUB-INDUSTRY ADDED Safety Insurance Financials Property &
Casualty Insurance DELETED Sybron Dental Health Care Health Care
Supplies 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. About Standard & Poor's Standard &
Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the
world's foremost provider of independent credit ratings, indices,
risk evaluation, investment research and data. With approximately
6,300 employees located in 21 countries and markets, Standard &
Poor's is an essential part of the world's financial infrastructure
and has played a leading role for more than 140 years in providing
investors with the independent benchmarks they need to feel more
confident about their investment and financial decisions. For more
information, visit http://www.standardandpoors.com/. About The
McGraw-Hill Companies Founded in 1888, The McGraw-Hill Companies is
a leading global information services provider meeting worldwide
needs in the financial services, education and business information
markets through leading brands such as Standard & Poor's,
McGraw-Hill Education, BusinessWeek and J.D. Power and Associates.
The Corporation has more than 290 offices in 38 countries. Sales in
2005 were $6.0 billion. Additional information is available at
http://www.mcgraw-hill.com/. DATASOURCE: Standard & Poor's
CONTACT: David M. Blitzer, Ph.D. Managing Director & Chairman
of the Index Committee (212) 438-3907 Web site:
http://www.standardandpoors.com/ http://www.mcgraw-hill.com/
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