NEW YORK, Jan. 24, 2014 /PRNewswire/ -- Sirona Dental Systems Inc. (NASD: SIRO) will replace Health Management Associates Inc. (NYSE: HMA) in the S&P MidCap 400 after the close of trading on Tuesday, January 28. S&P MidCap 400 constituent Community Health Systems Inc. (NYSE:CYH) is acquiring Health Management Associates in a deal expected to completed on Monday, January 27.
Sirona Dental Systems develops, manufactures, and markets dental equipment. Headquartered in Long Island City, NY, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX - January 28, 2014 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Sirona Dental Systems | Health Care | Health Care Equipment |
DELETED | Health Management Associates | Health Care | Health Care Facilities |
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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