Global Payments Set to Join the S&P 500; GameStop to Join S&P MidCap 400; Chuy's Holdings and Krispy Kreme to Join SmallCap 600

NEW YORK, April 19, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices after the close of trading on Friday, April 22:

• S&P MidCap 400 constituent Global Payments Inc. GPN will replace GameStop Corp. GME in the S&P 500, GameStop will replace Global Payments in the S&P MidCap 400, and Chuy's Holdings Inc. CHUY will replace Heartland Payment Systems Inc. HPY in the S&P SmallCap 600. Global Payments is acquiring Heartland Payment Systems in a deal expected to be completed on or about April 22. Post-merger, Global Payment's market capitalization will be more representative of the large cap market space. GameStop is ranked near the bottom of the S&P 500 and has a market capitalization that is more representative of the mid-cap market space.
  
  
• Krispy Kreme Doughnuts Inc. KKD will replace Pinnacle Entertainment Inc. PNK in the S&P SmallCap 600. Pinnacle is spinning off its operations and certain of its real estate assets and the remaining assets will merge with another company effective later this month. Based on pro-forma financials, the spin-off company does not meet the financial viability criteria necessary to be considered for inclusion in the S&P SmallCap 600.

Global Payments provides payment solutions for credit cards, debit cards, electronic payments, and check-related services. Headquartered in Atlanta, GA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry index.

GameStop operates as an omnichannel video game retailer. Headquartered in Grapevine, TX, the company will be added to the S&P MidCap 400 GICS Computer & Electronics Retail Sub-Industry index.

Chuy's Holdings owns and operates restaurants. Headquartered in Austin, TX, the company will be added to the S&P SmallCap 600 GICS Restaurants Sub-Industry index.

Krispy Kreme Doughnuts operates as a branded retailer and wholesaler of doughnuts. Headquartered in Winston-Salem, NC, the company will be added to the S&P SmallCap 600 GICS Restaurants Sub-Industry index.

Following is a summary of the changes:

Additions to and deletions from S&P  Dow Jones Indices do not in any way reflect an opinion on the investment merits of the companies involved.

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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SOURCE S&P Dow Jones Indices