NEW YORK, May 11 /PRNewswire/ -- Standard & Poor's will make the following change to the S&P SmallCap 600:
-- Safety Insurance Group Inc. (NASD: SAFT) will replace Sybron Dental
Specialties Inc. after the close of trading on Monday, May
15, 2006. Sybron Dental is being acquired by S&P 500 constituent
Danaher Corp. in a tender offer expected to close on or
about that date, pending final approval.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.
Safety Insurance provides private passenger automobile insurance in Massachusetts. In addition, the company offers a portfolio of property and casualty insurance products. Headquartered in Boston, MA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Property & Casualty Insurance Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX - May 15, 2006
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
ADDED Safety Insurance Financials Property & Casualty
Insurance
DELETED Sybron Dental Health Care Health Care Supplies
Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned.
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