Tribune Getting Kicked Out Of S&P 500 Index

Posted Tuesday, December 18, 2007 12:00 am

By: E&P Staff With Tribune set to go private within a few days, Standard & Poor's is removing the stock from its S&P 500 Index with the close of trading Thursday.

Tribune (NYSE: TRB, for now) is expected to complete the $8.2 billion going-private deal engineered by Chicago real estate mogul Sam Zell on Thursday or soon after, pending some final approvals.

S&P said Tribune will be replaced on the 500 by Range Resources, a Fort Worth, Texas, company engaged in the exploration, development and acquisition of domestic oil and gas properties.

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Tribune Getting Kicked Out Of S&P 500 Index

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