(RTTNews) - S&P Dow Jones Indices, a division of S&P Global (SPGI), announced that StandardAero Inc. (SARO) will replace Frontier Communications Parent Inc. (FYBR) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, January 22.
S&P 500 & S&P 100 constituent Verizon Communications Inc. (VZ) is acquiring Frontier Communications Parent in a deal expected to close soon pending final conditions.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.