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 www.standardandpoors.com/indices.
For further information: