Nielsen Set to Join the S&P 500

NEW YORK, July 1, 2013 /PRNewswire/ -- Nielsen Holdings N.V. (NYSE: NLSN) will replace Sprint Nextel Corp. (NY SE: S) in the S&P 500 after the close of trading on Monday, July 8. SoftBank Corp. is acquiring a substantial stake in Sprint in a deal expected to be completed soon pending final approvals.  As a result of the transaction, Sprint's public float is expected to fall substantially below the 50% public float criteria necessary for continued inclusion in the index.                                            

Nielsen Holdings is an information and measurement company. Headquartered in New York, NY, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Research & Consulting Services Sub-Industry index.

Following is a summary of the change:

S&P 500 INDEX – July 8, 2013


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Nielsen Holdings

Industrials

Research & Consulting Services

DELETED

Sprint Nextel

Telecommunication Services

Wireless Telecommunication Services

 

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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For more information:

Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@ spdji.com
(212) 438-3907

SOURCE S&P Dow Jones Indices



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