Transocean, Marsh & McLennan to Replace Dell in S&P Indices
McGraw-Hill's S&P Dow Jones Indices has brought in two stocks to replace the outgoing Dell . Starting next Monday after the close of trading, the S&P MidCap 500 will be home to Transocean in place of the IT manufacturer. Transocean will also be added to the S&P 500 Global Industry Classification Standard's oil and gas sub-industry index.
Meanwhile, Dell's position on the S&P Global 100 will be taken by Marsh & McLennan . That change will also be effected after market close next Monday.
Dell is getting ejected from the index because it's being taken private. Founder Michael Dell and Silver Lake Partners are in the process of acquiring the company.
The article Transocean, Marsh & McLennan to Replace Dell in S&P Indices originally appeared on Fool.com.
Fool contributor Eric Volkman has no position in any stocks mentioned. The Motley Fool owns shares of Transocean. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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