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Teleflex To Replace PG&E Corp. In S&P 500

S&P Dow Jones Indices said that S&P MidCap 400 constituent Teleflex Inc. (TFX) will replace PG&E Corp. (PCG) in the S&P 500, S&P SmallCap 600 constituent Green Dot Corp. (GDOT) will replace Teleflex in the S&P MidCap 400, and Mercer International Inc. (MERC) will replace Green Dot in the S&P SmallCap 600 prior to the open of trading on Friday, January 18.

PG&E intends to file for reorganization under Chapter 11 of the U.S. Bankruptcy Code on or about January 29, 2019 and is no longer eligible for continued inclusion in the S&P 500.

Green Dot provides personal banking. Headquartered in Pasadena, CA, the company will be added to the S&P MidCap 400 GICS Consumer Finance Sub-Industry index.

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