Change in the S&P MidCap 400 Index.NEW YORK--(BUSINESS WIRE)--Nov. 16, 1994--Standard & Poor's will remove Puritan-Bennett Corp. (PBEN) from the S&P MidCap mid·cap adj. 1. Or or relating to corporations whose retained earnings and outstanding shares of common stock have a value between those of small cap companies and large cap corporations. 2. 400 Index after the close of trading on Tuesday, Nov. 22, 1994. Thermo Electron Thermo Electron Corporation (TMO (NYSE)) (incorporated 1956) is a major provider of analytical instruments and services for a variety of domains. Thermo has revenues of over $2 billion, and employs 11,000 people in 30 countries. Corp. (TMO-also a component of the S&P MidCap 400 Index) currently has a tender offer to acquire all of the common shares outstanding of Puritan-Bennett. The tender offer is scheduled to expire at midnight, Nov. 22, 1994. Burlington Industries Burlington Industries was a diversified U. S. fabric maker based in Greensboro, North Carolina. The company had operations in the United States, Mexico, and India and a global manufacturing and product development network based in Hong Kong. Inc. (BUR bur or burr, popular name for fruits that have barbed, pointed, or rough outgrowths. By clinging to the fur or hair of animals and the clothing of man they are transported from the parent plant, often great distances. ) will replace Puritan-Bennett in the S&P MidCap 400 Index. Burlington Industries is one of the largest and most diversified diversified (di·verˑ·s manufacturers of textile products in the world. The company is based in Greensboro, N.C. and will be added to the S&P MidCap 400 Textiles (Specialty) industry group. The Equity Services Group of Standard & Poor's, a division of the Financial Information Services See Information Systems. Group of McGraw-Hill Inc., provides financial, economic, and investment information, as well as analytical services, to the global financial community and commodity trading markets. The S&P Equity Services Group calculates and maintains the S&P 500 and S&P MidCap 400, and S&P SmallCap 600 stock prices indexes, which are widely considered key barometers of stock market activity and performance benchmarks for professional money managers. More than $260 billion is currently indexed to the S&P 500. Company additions and company deletions from the S&P equity indexes do not in any way reflect an opinion on the investment merits of the company. CONTACT: Elliott Shurgin
VP Index Products & Services
212/208-8709
or
Albert Neubert
Director, Index Products & Services
212/208-8716
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