NEW YORK, March 27, 2015 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:

• S&P 500 constituent Windstream Holdings Inc. (NASD: WIN) will replace International Game Technology (NYSE: IGT) in the S&P MidCap 400, S&P MidCap 400 constituent Realty Income Corp. (NYSE: O) will replace Windstream Holdings in the S&P 500, and Douglas Emmett Inc. (NYSE: DEI) will replace Realty Income in the S&P MidCap 400 after the close of trading on Monday, April 6.  GTECH S.p.A. is acquiring International Game Technology in a transaction expected to be completed on or about that date pending final conditions. Windstream is spinning off assets that will result in the company being more representative of the mid-cap market space.
• Gentherm Inc. (NASD: THRM) will replace Aviv REIT Inc. (NYSE: AVIV) in the S&P SmallCap 600 after the close of trading on Wednesday, April 1.  S&P MidCap 400 constituent Omega Healthcare Investors Inc. (NYSE: OHI) is acquiring Aviv REIT in a transaction expected to be completed on or about that date pending final approvals.
• Echo Global Logistics Inc. (NASD: ECHO) will replace C&J Energy Services, Inc. (NYSE: CJES) in the S&P SmallCap 600 after the close of trading on Wednesday, April 1.  C&J Energy Services is merging with certain assets of S&P 500 constituent Nabors Industries Ltd. (NYSE: NBR) in a transaction that will result in C&J's public float dropping well below the 50% threshold needed for continued inclusion in the index.

Windstream Holdings provides communications and technology solutions.  Headquartered in Little Rock, AR, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Integrated Telecommunication Services Sub-Industry index.

Realty Income, a real estate investment trust (REIT), invests in commercial properties. Headquartered in Escondido, CA, the company will be added to the S&P 500 GICS Retail REITs Sub-Industry index.

Douglas Emmett, a REIT, owns and operates office and multifamily properties.  Headquartered in Santa Monica, CA, the company will be added to the S&P MidCap 400 GICS Office REITs Sub-Industry index.

Gentherm designs, develops, manufactures, and sells thermal management technologies and cable systems. Headquartered in Northville, MI, the company will be added to the S&P SmallCap 600 GICS Auto Parts & Equipment Sub-Industry index.

Echo Global Logistics provides technology-enabled transportation and supply chain management solutions. Headquartered in Chicago, IL, the company will be added to the S&P SmallCap 600 GICS Air Freight & Logistics 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:

David Blitzer
Managing Director and Chairman of the Index Committee
S&P Dow Jones Indices
(+1) 212 438 3907
david.blitzer@spdji.com 

David R. Guarino
Communications
S&P Dow Jones Indices
(+1) 212 438 1471
dave.guarino@spdji.com

SOURCE S&P Dow Jones Indices