NEW YORK, July 11, 2011 /PRNewswire/ -- General Cable Corp. (NYSE: BGC) will replace SRA International Inc. (NYSE: SRX) in the S&P MidCap 400 index after the close of trading on Friday, July 15. Providence Equity Partners LLC is acquiring SRA International in a deal expected to be completed on or about that date pending final approvals.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: www.standardandpoors.com.
General Cable Corporation provides copper, aluminum, and fiber optic wire and cable products. Headquartered in Highland Heights, KY, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Electrical Components & Equipment Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX – July 15, 2011
GICS ECONOMIC SECTOR
Electrical Components & Equipment
IT Consulting & Other Services
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SOURCE Standard & Poor's