ODSY Odyssey Healthcare (MM)

NEW YORK, Aug. 9 /PRNewswire/ -- S&P will make the following changes to the S&P SmallCap 600 Index:

• Orion Marine Group Inc. (NYSE: ORN) will replace Odyssey HealthCare Inc. (Nasdaq: ODSY) after the close of trading on Monday, August 16. Odyssey HealthCare is being acquired by S&P Small Cap 600 constituent Gentiva Health Services Inc. (Nasdaq: GTIV) in a deal expected to close on or about that date pending final approvals.

• Kirkland's Inc. will replace Stanley Inc. (NYSE: SXE) after the close of trading on Monday, August 16. Stanley is being acquired by S&P/TSX Composite constituent CGI Group Inc. in a tender offer expected to expire on or about that date.

• Volterra Semiconductor Corp. (Nasdaq: VLTR) will replace Phase Forward Inc. (Nasdaq: PFWD) after the close of trading on a date to be announced. Phase Forward is being acquired by S&P 500 constituent Oracle Corp. (Nasdaq: ORCL) in a deal expected to close soon, pending final approvals.

Standard & Poor's will monitor these transactions, and post any relevant updates on its website: www.standardandpoors.com.  

Orion Marine Group operates as a marine specialty contractor. Headquartered in Houston, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Construction & Engineering Sub-Industry index.  

Kirkland's operates as a specialty retailer. Headquartered in Nashville, TN, the company will be added to the S&P SmallCap 600 GICS Homefurnishing Retail Sub-Industry index.

Volterra Semiconductor engages in the design, development, and marketing of analog and mixed-signal power management semiconductors. Headquartered in Fremont, CA, the company will be added to the S&P SmallCap 600 GICS Semiconductors Sub-Industry index.  

Following is a summary of the changes:

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SOURCE Standard & Poor's