Dollar General Set to Join the S&P 500

NEW YORK, Nov. 26, 2012 /PRNewswire/ -- Dollar General Corp. (NYSE: DG) will replace Cooper Industries plc (NYSE: CBE) in the S&P 500 after the close of trading on Friday, November 30. S&P 500 constituent Eaton Corp. (NYSE: ETN) is acquiring Cooper Industries in a deal expected to be completed on or about that date pending final approvals.

Dollar General operates as a discount retailer. Headquartered in Goodlettsville, TN, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) General Merchandise Stores Sub-Industry index.

Following is a summary of the change:

S&P 500 INDEX – November 30, 2012


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Dollar General

Consumer Discretionary

General Merchandise Stores

DELETED

Cooper Industries

Industrials

Electrical Components & Equipment

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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