TORONTO, Jan. 31 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes:
- The shareholders of Cognos Incorporated (TSX:CSN) have accepted the $US58.00 per share offer from IBM Inc. (NYSE:IBM). Cognos will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX 60, 60 Capped and Equity 60 and the S&P/TSX Capped Information Technology Indices. SNC - Lavalin Group Inc. (TSX:SNC) will be removed from the S&P/TSX Completion and Equity Completion indices and will replace Cognos in the S&P/TSX 60, 60 Capped and Equity 60 indices. These transactions will be effective after the close of Friday, February 1, 2008.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
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