NEW YORK, Feb. 2 /PRNewswire/ -- NTELOS Holdings Corp. will replace Chattem Inc. in the S&P SmallCap 600 index on a date to be announced. Chattem is being acquired by S&P Global 100 constituent Sanofi-aventis in a deal expected to be completed soon, pending final approvals.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: http://www.standardandpoors.com/.
NTELOS Holdings provides integrated communications services. Headquartered in Waynesboro, VA, the company will be added to the S&P SmallCap 600 GICS Wireless Telecommunication Services Sub-Industry index.
Following is a summary of the change: S&P SMALLCAP 600 INDEX - TBA ------------------------------- GICS ECONOMIC GICS SUB- COMPANY SECTOR INDUSTRY ------- ------------- --------- Wireless NTELOS Telecommunication Telecommunication ADDED Holdings Services Services ----- --------- ------------------ ------------------ Personal DELETED Chattem Consumer Staples Products ------- ------- ---------------- ---------
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