NEW YORK, Nov. 18 /PRNewswire/ -- City Holding Co. (Nasdaq: CHCO) will replace Tween Brands Inc. (NYSE: TWB) in the S&P SmallCap 600 after the close of trading on a date to be announced. S&P SmallCap 600 constituent The Dress Barn Inc. (Nasdaq: DBRN) is acquiring Tween Brands in a deal expected to be completed soon.
Standard & Poor's will monitor this transaction, and post any relevant updates on its website: www.standardandpoors.com.
City Holding provides diversified financial products and services to consumers and local businesses. Headquartered in Charleston, WV, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Regional Banks Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX - TBA
-------------------------------------------------------------
COMPANY GICS ECONOMIC SECTOR GICS SUB-INDUSTRY
------- -------------------- -----------------
ADDED City Holding Financials Regional Banks
DELETED Tween Brands Consumer Discretionary Apparel Retail
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SOURCE Standard & Poor's
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