NEW YORK, March 6, 2017 /PRNewswire/ -- DISH Network Corp. (NASD: DISH) will replace Linear Technology Corp. (NASD: LLTC) in the S&P 500 effective prior to the open on Monday, March 13. S&P 500 constituent Analog Devices Inc. (NASD: ADI) is acquiring Linear Technology in a deal expected to be completed soon pending final closing conditions.
DISH Network provides pay-tv services. Headquartered in Englewood, CO, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Cable & Satellite Sub-Industry index.
Following is a summary of the change:
S&P 500 INDEX – March 13, 2017 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
DISH Network |
Consumer Discretionary |
Cable & Satellite |
DELETED |
Linear Technology |
Information Technology |
Semiconductors |
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FOR MORE INFORMATION:
Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]
David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]
SOURCE S&P Dow Jones Indices
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