New York, N.Y. — KMart Holding Corporation (NASDAQ: KMRT) of Troy, Michigan, will become a component of the NASDAQ-100 Index® (NASDAQ: NDX), effective at the beginning of trading Thursday, August 19, 2004. KMart will also be included in the NASDAQ-100 Index Tracking StockSM (Amex: QQQ). KMart Holding Corporation will replace PanAmSat Corporation (NASDAQ: SPOT), which is to be acquired by Kohlberg Kravis Roberts & Co. L.P., subject to shareholder approval and other closing conditions.
With a market capitalization of approximately $5.8 billion, KMart Holding Corporation is a mass merchandising company that offers customers quality products through a portfolio of exclusive brands.
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SM, a unit investment trust, is NASDAQ Financial Products Services, Inc. ("NFPS"), a wholly owned subsidiary of The NASDAQ Stock Market, Inc. ("NASDAQ," and collectively with its affiliates except NFPS, the "Corporations").
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