Merchants Bancorp Set to Join S&P SmallCap 600
Market Intelligence Analysis
AI-PoweredMerchants Bancorp will replace TreeHouse Foods in the S&P SmallCap 600 index, indicating a potential increase in market visibility and liquidity for Merchants Bancorp. This change is a result of TreeHouse Foods' acquisition by Investindustrial S.A. and its affiliates. The index change is set to take effect on February 11.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Merchants Bancorp (NASD: MBIN) will replace TreeHouse Foods Inc. (NYSE: THS) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, February 11. Investindustrial S.A. and its affiliates are acquiring Treehouse Foods in a deal expected to be completed soon, pending final closing conditions.
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