NEW YORK, April 13, 2017 /PRNewswire/ -- Sabre Corp. (SABR) will replace B/E Aerospace Inc. (BEAV) in the S&P MidCap 400, effective prior to the open on Wednesday, April 19. S&P 500 constituent Rockwell Collins Inc. (COL) is acquiring B/E Aerospace in a deal expected to close today.
Sabre Corp. provides technology solutions to the travel and tourism industry. Headquartered in Southlake, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX – APRIL 19, 2017
GICS ECONOMIC SECTOR
Data Processing & Outsourced Services
Aerospace & Defense
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