NEW YORK, Jan. 6, 2011 /PRNewswire/ -- Taubman Centers Inc.
(NYSE: TCO) will replace Syniverse Holdings Inc. (NYSE: SVR) in the
S&P MidCap 400 index after the close of trading on Thursday, January 13, 2011. Syniverse is being
acquired by The Carlyle Group in a deal expected to be completed on
or about that date.
Standard & Poor's will monitor this transaction, and post
any relevant updates on its website: www.standardandpoors.com.
Taubman Centers is a real estate
investment trust engaged in the development, leasing and management
of regional and super regional shopping centers. Headquartered in
Bloomfield Hills, MI, the company
will be added to the S&P MidCap 400 GICS (Global Industry
Classification Standard) Retail REITs Sub-Industry index.
Following is a summary of the change:
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S&P
MIDCAP 400 INDEX – January 13, 2011
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COMPANY
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GICS
ECONOMIC SECTOR
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GICS
SUB-INDUSTRY
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ADDED
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Taubman
Centers
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Financials
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Retail
REITs
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DELETED
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Syniverse
Holdings
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Telecommunication
Services
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Wireless
Telecommunication Services
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For more information about S&P Indices, please visit
www.standardandpoors.com/indices.
About S&P Indices
S&P Indices, the world's leading index provider, maintains a
wide variety of investable and benchmark indices to meet an array
of investor needs. Over $1.25
trillion is directly indexed to Standard & Poor's family
of indices, which includes the S&P 500, the world's most
followed stock market index, the S&P/Case-Shiller Home Price
Indices, the leading measure of U.S. home prices, the S&P
Global BMI, an index with approximately 11,000 constituents, the
S&P GSCI, the industry's most closely watched commodities
index, and the S&P National AMT-Free Municipal Bond Index, the
premier investable index for U.S. municipal bonds. For more
information, please visit www.standardandpoors.com/indices.
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For more information
contact:
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David M. Blitzer,
Ph.D.
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Managing Director & Chairman
of the Index Committee
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(212) 438-3907
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SOURCE Standard & Poor's