NEW YORK, Oct. 10, 2012 /PRNewswire/ --Government Properties Income Trust (NYSE: GOV) will replace Brightpoint, Inc. (NASD: CELL) in the S&P SmallCap 600 after the close of trading on Monday, October 15. S&P MidCap 400 constituent Ingram Micro Inc. (NYSE: IM) is acquiring Brightpoint in a deal expected to be completed soon pending final approvals.
Government Properties Income Trust is an office real estate investment trust (REIT). Headquartered in Newton, MA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Office REITs Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX - October 15, 2012 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Government Properties | Financials | Office REITs |
DELETED | Brightpoint | Information Technology | Technology Distributors |
Additions to and deletions from S&P Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.
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