Pacific Gas & Electric To Join S&P 500 As Vista Equity Scoops Citrix Systems
$CTXS
$DRE
$EQT
$PCG
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- Pacific Gas & Electric Co (NYSE:PCG) will replace Citrix Systems, Inc (NASDAQ:CTXS) in the S&P 500, effective before the market opens on October 3.
- Vista Equity Partners is acquiring Citrix Systems in a transaction likely to be completed on September 30.
- Related: EXCLUSIVE: Utility Company PG&E Doubles Knightscope Order For Security Robots
- S&P MidCap 400 constituent EQT Corp (NYSE:EQT) will replace Duke Realty Corp (NYSE:DRE) in the S&P 500 effective before trading on Monday, October 3.
- Prologis Inc (NYSE:PLD) is acquiring Duke Realty.
- EQT recently raised 1.0 billion in senior notes consisting of $500 million via an underwritten public offering.
- Price Action: PCG shares traded higher by 4.00% at $13.11 on the last check Monday.