Caesars Entertainment Set to Join S&P MidCap 400; Conn's and Dril-Quip to Join S&P SmallCap 600; "New" Fox Continues in S&P 500

NEW YORK, Jan. 29, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Monday, February 4:

• Caesars Entertainment Corp. (NASD: CZR) will replace Dril-Quip Inc. (NYSE: DRQ) in the S&P MidCap 400 and Dril-Quip will replace Essendant Inc. (NASD: ESND) in the S&P SmallCap 600. Staples Inc. is acquiring Essendant in a deal expected to close soon pending final conditions
  
  
• Conn's Inc. (NASD: CONN) will replace Electro Scientific Industries Inc. (NASD: ESIO) in the S&P SmallCap 600. S&P MidCap 400 constituent MKS Instruments Inc. (NASD: MKSI) is acquiring Electro Scientific Industries in a deal expected to close on February 1 pending final approvals.

On a date to be announced, S&P 100 & 500 constituent Walt Disney Co (NYSE: DIS) is to acquire S&P 100 & 500 constituent Twenty-First Century Fox Inc. (NASD: FOXA, FOX) one day after Twenty-First Century Fox completes a spin-off of a portfolio of its news, sports and broadcast businesses ("new" Fox). For index purposes, post the spin-off and merger transactions, "new" Fox, to be called Fox Corp., will be considered the surviving entity of Twenty-First Century Fox and will continue to be included in the S&P 500. An S&P 500 constituent to be named later will replace "new" Fox in the S&P 100 on a date to be announced.

Caesars Entertainment provides casino-entertainment and hospitality services. Headquartered in Las Vegas, NV, the company will be added to the S&P MidCap 400 (Global Industry Classification Standard) GICS Casinos & Gaming Sub-Industry index.

Conn's operates as a specialty retailer of durable consumer goods and related services. Headquartered in The Woodlands, TX, the company will be added to the S&P SmallCap 600 GICS Computer & Electronics Retail Sub-Industry index.

Dril-Quip designs, manufactures, sells, and services onshore and offshore drilling and production equipment. Headquartered in Houston, TX, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Equipment & Services Sub-Industry index.

Following is a summary of the changes:

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500^® and the Dow Jones Industrial Average^®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over 1,000,000 indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]

S&P Dow Jones Indices
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Media Inquiries
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SOURCE S&P Dow Jones Indices

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