Solera to replace Metavante in S&P MidCap 400
S&P names Solera Holdings to replace Metavante in MidCap 400, adds Ezcorp to SmallCap 600
- On 6:49 pm EDT, Thursday September 24, 2009
NEW YORK (AP) -- Standard & Poor's said Thursday that Solera Holdings Inc. will replace Metavante Technologies Inc. in the S&P MidCap 400 on Oct. 1.
Metavante is being bought by Fidelity National Information Services Inc. in a deal that is expected to close on or around that date.
Solera is a software provider to companies that process auto insurance claims.
In the S&P SmallCap600, S&P will replace SPSS Inc., which is being bought by IBM, with pawnshop operator Ezcorp Inc. on a date yet to be determined.
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