TORONTO, March 27, 2012 /CNW/ - Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:
On March 26, 2012, the shareholders of Lakeside Steel Inc. (TSXVN:LS) approved the Plan of Arrangement whereby the company will be acquired by JMC Steel Group, Inc. for $C0.2983 cash per share. Lakeside Steel will be removed from the S&P/TSX Venture Composite Index effective after the close on Tuesday, March 27, 2012.
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.
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