PR Newswire | Nov 24, 2021 06:52PM EST

11/24 17:51 CST

Bruker BioSciences Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600 NEW YORK, Nov. 24, 2021

NEW YORK, Nov. 24, 2021 /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 opening of trading on Thursday, December 2:

* Bruker BioSciences Corp. (NASD:BRKR) will replace KAR Auction Services Inc. (NYSE:KAR) in the S&P MidCap 400, and KAR Auction Services will replace Meredith Corp. (NYSE:MDP) in the S&P SmallCap 600. Meredith is being acquired in a two-step transaction that is expected to be completed on or about December 1. KAR Auctions is more representative of the small-cap market space. * Cars.com Inc. (NYSE:CARS) will replace DSP Group Inc. (NASD:DSPG) in the S&P SmallCap 600. S&P MidCap 400 constituent Synaptics Inc. (NASD:SYNA) is acquiring DSP Group in a deal expected to be completed on December 2. * NV5 Global Inc. (NASD:NVEE) will replace Raven Industries Inc. (NASD:RAVN) in the S&P SmallCap 600. CNH Industrial N.V. (NYSE: CNHI) is acquiring Raven Industries in a transaction expected to be completed on November 30.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Index Action Company Name TickerGICS Sector Date Name

Dec. 2, S&P MidCap AdditionBruker BRKR Health Care 2021 400 BioSciences

S&P MidCap DeletionKAR Auction KAR Industrials 400 Services

S&P SmallCap AdditionKAR Auction KAR Industrials 600 Services

S&P SmallCap AdditionCars.com CARS Communication 600 Services

S&P SmallCap AdditionNV5 Global NVEE Industrials 600

S&P SmallCap DeletionMeredith MDP Communication 600 Services

S&P SmallCap DeletionDSP Group DSPG Information 600 Technology

S&P SmallCap DeletionRaven IndustriesRAVN Industrials 600

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SOURCE S&P Dow Jones Indices