NEW YORK, Aug. 11, 2014 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:

• The Ultimate Software Group Inc. (NASD: ULTI) will replace The Hillshire Brands Co. (NYSE: HSH) in the S&P MidCap 400 after the close of trading on Thursday, August 14. S&P 500 constituent Tyson Foods Inc. (NYSE: TSN) is acquiring The Hillshire Brands in a deal expected to be completed soon pending final approvals.
• Consolidated Communications Holdings Inc. (NASD: CNSL) will replace Taylor Capital Group Inc. (NASD: TAYC) in the S&P SmallCap 600 after the close of trading on Monday, August 18. MB Financial Inc. (NASD: MBFI) is acquiring Taylor Capital Group in a deal expected to be completed on or about that date.

The Ultimate Software Group provides cloud-based human capital management solutions. Headquartered in Weston, FL, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Application Software Sub-Industry index.

Consolidated Communications Holdings provides a range of communications services to residential and business clients. Headquartered in Mattoon, IL, the company will be added to the S&P SmallCap 600 GICS Integrated Telecommunication Services Sub-Industry index.

Following is a summary of the changes:

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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For more information:

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