NEW YORK, Jan. 20, 2015 /PRNewswire/ -- Dana Holding Corp. (NYSE: DAN) will replace Cubist Pharmaceuticals Inc. (NASD: CBST) in the S&P MidCap 400 after the close of trading on Thursday, January 22. S&P 100 & 500 constituent Merck & Co. Inc. (NYSE: MRK) is acquiring Cubist Pharmaceuticals in a transaction expected to be completed soon, pending final conditions.

Dana Holding Corporation manufactures and sells driveline, sealing, and thermal-management products for vehicle manufacturers. Headquartered in Maumee, OH, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Auto Parts & Equipment Sub-Industry index.

Following is a summary of the change:

S&P MIDCAP 400 INDEX – January 22, 2015


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Dana Holding

Consumer Discretionary

Auto Parts & Equipment

DELETED

Cubist Pharmaceuticals

Health Care

Biotechnology


Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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SOURCE S&P Dow Jones Indices

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