AOL-Time Warner Merger Will Trigger Changes in Dow Jones Internet Indexes.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 2, 2001 Dow Jones Indexes said it will replace America Online Inc. (AOL) in the Dow Jones Internet Index with Art Technology Group Inc. (ARTG) upon the completion of AOL's merger with Time Warner Inc. (TWX). The merger is expected to close after the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. (FCC) completes its review of the transaction early in 2001. Art Technology Group, a provider of internet customer relationship management and e-commerce software and services, headquartered in Cambridge, Mass., also will replace AOL in the 25-component Internet Services sub-index. The merged company, which will be called AOL Time Warner Inc. (AOL), will be ineligible for inclusion in the Dow Jones Internet Index because the majority of its revenues will come from Time Warner's vast non-internet operations. AOL Time Warner will replace Time Warner in the Dow Jones Global Index Entertainment industry group, which is a component of the Entertainment & Leisure market sector. Dow Jones Indexes is a premier global provider of investable indexes, including the Dow Jones Averages Dow Jones Averages A trademark used for three indexes of the relative price of selected industrial, transportation, and utility stocks based on a formula developed and periodically revised by Dow Jones & Company, Inc. , the Dow Jones Global Titans The Dow Jones Global Titans 50 Index was created to reflect the globalization of international blue chip securities in the wake of mergers and the creation of mega-corporations. Index, the Dow Jones Total Market Index Series, the Dow Jones Global Indexes The Dow Jones Global Indexes (DJGI) are a family of real time international equity indexes, including world, region, and country indexes and economic sector, market sector, industry-group, and subgroup indexes. , the Pan-European Dow Jones STOXX Indexes, the Dow Jones REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). Indexes, the Dow Jones-AIG Commodity Index The Dow Jones-AIG Commodity Index [DJ-AIGCI] is a broadly diversified index that allows investors to track commodity futures through a single, simple measure. The DJ-AIGCI is composed of futures contracts on physical commodities. , the Dow Jones Islamic Market Indexes, the Dow Jones Internet Indexes, the Dow Jones Extra Liquid Series and the Dow Jones Sustainability Group Indexes. Dow Jones Indexes is part of Dow Jones & Company, which publishes the world's most vital business and financial news and information. In addition to Dow Jones Indexes, Dow Jones & Company (NYSE NYSE See: New York Stock Exchange :DJ; dj.com) publishes The Wall Street Journal and its international and online editions, Barron's and SmartMoney magazines and other periodicals, Dow Jones Newswires, Dow Jones Indexes, and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Group Plc. of Factiva, with Excite@Home of Work.com, and with NBC of the CNBC television operations in Asia and Europe. Dow Jones also provides news content to CNBC and radio stations in the U.S. |
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