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PR Newswire  07/14/2014 5:49 PM ET
Celadon Group Set to Join the S&P SmallCap 600

NEW YORK, July 14, 2014 /PRNewswire/ --  Celadon Group Inc. (NYSE: CGI) will replace Cbeyond Inc. (NASD: CBEY) in the S&P SmallCap 600 after the close of trading on Thursday, July 17. Birch Communications Inc. is acquiring Cbeyond in a deal expected to be completed soon.

Celadon Group provides transportation and logistics services. Headquartered in Indianapolis, IN, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification) Trucking Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX July 17, 2014


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Celadon Group

Industrials

Trucking

DELETED

Cbeyond

Telecommunication Services

Integrated Telecommunication Services

 

Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

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Dave Guarino
Communications
S&P Dow Jones Indices
dave.guarino@spdji.com
(212) 438-1471

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
david.blitzer@spdji.com
(212) 438-3907

SOURCE S&P Dow Jones Indices

 

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