Ligand Pharmaceuticals Set to Join the S&P SmallCap 600

NEW YORK, Nov. 25, 2013 /PRNewswire/ --Ligand Pharmaceuticals Inc. (NASD: LGND) will replace SHFL Entertainment Inc. (NASD: SHFL) in the S&P SmallCap 600 after the close of trading on Wednesday, November 27. S&P MidCap 400 constituent Bally Technologies Inc. (NYSE: BYI) acquired SHFL in a deal completed today.

Ligand Pharmaceuticals is a biotechnology company that engages in the acquisition and development of royalty revenue generating assets. Headquartered in La Jolla, CA, the company will be added to the S&P SmallCap 600 GICS Biotechnology Sub-Industry index.

Following is a summary of the change:

S&P SMALLCAP 600 INDEX - November 27, 2013
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Ligand Pharmaceuticals	Health Care	Biotechnology
DELETED	SHFL Entertainment	Consumer Discretionary	Casinos & Gaming

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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