NEW YORK, Dec. 29 /PRNewswire/ -- Concur Technologies, Inc. will replace Aztar Corp. in the S&P SmallCap 600 index after the close of trading on Wednesday, January 3, 2007. Aztar is being acquired by Columbia Entertainment in a deal expected to close on or about that date, pending final approvals.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/ .
Concur provides business services and software solutions that automate corporate travel and expense management processes. Headquartered in Redmond, WA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Application Software Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX - January 3, 2007
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
Concur Information Application
ADDED Technologies Technology Software
DELETED Aztar Consumer Casinos & Gaming
Discretionary
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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