Standard & Poor's Announces Changes in the S&P/TSX Canadian Indices

TORONTO, June 9, 2011 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:

  • It is expected that the shareholders of International Coal Group, Inc. (NYSE: ICO) will accept the $US14.60 cash per share offer from Arch Coal, Inc. (NYSE: ACI). The bid for International Coal expires before the opening of markets on June 14, 2011. Assuming the bid is successful, International Coal will be removed from the S&P/TSX Global Mining Index after the close of Tuesday, June 14, 2011.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

About S&P Indices

S&P Indices, the world's leading index provider, maintains a wide variety of investable and benchmark indices to meet an array of investor needs. Over $1.25 trillion is directly indexed to Standard & Poor's family of indices, which includes the S&P 500, the world's most followed stock market index, the S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, the S&P Global BMI, an index with approximately 11,000 constituents, the S&P GSCI, the industry's most closely watched commodities index, and the S&P National AMT-Free Municipal Bond Index, the premier investable index for U.S. municipal bonds. For more information, please visit


SOURCE Standard

For further information:

Tony North
Standard & Poor's
Director, Canadian Index Services
(416) 507-3204
David R. Guarino
Standard & Poor's
(212) 438-1471

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Standard & Poor's Canadian Index Operations

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