NEW YORK, Jan. 25 /PRNewswire/ -- Ticketmaster Entertainment Inc. (Nasdaq: TKTM) will be removed from the S&P SmallCap 600 index after the close of trading tomorrow, Tuesday, January, 26. Ticketmaster Entertainment is being acquired by S&P SmallCap 600 constituent Live Nation Inc. (NYSE: LYV) in a deal expected to be completed on or about that date.
Ticketmaster Entertainment's place in the S&P SmallCap 600 index will be taken by NCI Inc. (Nasdaq: NCIT) after the close of trading on Monday, February 1. The index will trade with 599 constituents until that time.
Standard & Poor's will monitor these transactions, and post any relevant updates on its website: www.standardandpoors.com.
NCI provides information technology, engineering, and professional services and solutions. Headquartered in Reston, VA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) IT Consulting & Other Services Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – January 26, 2010
GICS ECONOMIC SECTOR
S&P SMALLCAP 600 INDEX – February 1, 2010
GICS ECONOMIC SECTOR
IT Consulting & Other Services
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SOURCE Standard & Poor's