Standard & Poor's Announces Changes In S&P/TSX Canadian Indices

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[{"type":"text","content":"\n\n\n\nTORONTO, May 15 /CNW/ - Standard & Poor's Canadian Index Operations\nannounces the following index changes:\n\n\n- The unitholders of TransForce Income Fund (TSX:TIF.UN) have approved\n the conversion of the company to a corporate structure. The units will\n be exchanged on a 1-for-1 basis for TransForce Inc. (TSX:TIF). As a\n result of the conversion, TransForce Income Fund will be removed from\n the S&P/TSX Income Trust Index. TransForce Inc. will be added to the\n S&P/TSX Equity and Capped Equity, the S&P/TSX Equity Completion and\n the S&P/TSX Equity SmallCap Indices. The conversion is effective after\n the close of Friday, May 16, 2008. The name and ticker change, with no\n change in capitalization, will be effective in the S&P/TSX Composite\n and Capped Composite, the S&P/TSX SmallCap, the S&P/TSX Completion and\n the S&P/TSX Capped Industrials indices.\n\n\nCompany additions to and deletions from an S&P equity index do not in any\nway reflect an opinion on the investment merits of the company.\n\n\nAbout Standard & Poor's Index Services\n\n\nStandard & Poor's Index Services, the world's leading index provider,\nmaintains a wide variety of investable and benchmark indices to meet an array\nof investor needs. Its family of indices includes the S&P 500, an index with\n$1.32 trillion invested and $4.91 trillion benchmarked, and the S&P Global\n1200, a composite index comprised of seven regional and country headline\nindices. For more information, please visit www.standardandpoors.com/indices.\n\n\nAbout Standard & Poor's\n\n\nStandard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP),\nis the world's foremost provider of financial market intelligence, including\nindependent credit ratings, indices, risk evaluation, investment research and\ndata. With approximately 8,500 employees, including wholly owned affiliates,\nlocated in 23 countries, Standard & Poor's is an essential part of the world's\nfinancial infrastructure and has played a leading role for more than 140 years\nin providing investors with the independent benchmarks they need to feel more\nconfident about their investment and financial decisions. For more\ninformation, visit: www.standardandpoors.com.\n\n\n","length":2392,"tagName":"div"}]

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