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Actionable news in DLR: DIGITAL REALTY TRUST Inc,

Digital Realty Trust Set to Join the S&P 500

NEW YORK, May 13, 2016 /PRNewswire/ -- Digital Realty Trust Inc. DLR, -0.29% will replace Time Warner Cable Inc. TWC, +0.11% in the S&P 500 after the close of trading on Tuesday, May 17. Charter Communications Inc. (nasd:CHTR) is acquiring Time Warner Cable in a deal expected to be completed on or about that date pending final conditions.

Digital Realty Trust, a real estate investment trust (REIT), engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. Headquartered in San Francisco, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Specialized REITs Sub-Industry index.

Following is a summary of the change:

S&P 500 INDEX – MAY 17, 2016


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Digital Realty Trust

Financials

Specialized REITs

DELETED

Time Warner Cable

Consumer Discretionary

Cable & Satellite

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