American Airlines Group Set to Join the S&P 500
PR Newswire
NEW YORK

NEW YORK, March 16, 2015 /PRNewswire/ -- American Airlines Group Inc. (NASD: AAL) will replace Allergan Inc. (NYSE: AGN) in the S&P 500 after the close of trading on Friday, March 20. S&P 500 constituent Actavis plc (NYSE: ACT) is acquiring Allergan in a transaction expected to be completed tomorrow.

American Airlines Group is the holding company for American Airlines and US Airways. Headquartered in Fort Worth, TX, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Airlines Sub-Industry index.

Following is a summary of the change:

S&P 500 INDEX – March 20, 2015

 

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

American Airlines Group

Industrials

Airlines

DELETED

Allergan

Health Care

Pharmaceuticals

 

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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