Standard & Poor’s announced Wednesday that it has named debt buyer and accounts receivable management firm Encore Capital Group (Nasdaq: ECPG) to its S&P SmallCap 600 index.
Encore will replace Integral Systems Inc. on the index. Integral is being acquired by Kratos Defense & Security Solutions Inc.
The move will be made official at the end of trading on Wednesday, July 27. Encore will be listed in the GICS Specialized Finance Sub-Industry.
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