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NEW YORK, Sept. 26, 2011 /PRNewswire/ -- S&P Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 Indices: S&P SmallCap 600 constituent Home Properties Inc. (NYSE: HME) will replace BJ's Wholesale Club Inc. (NYSE: BJ) in the S&P MidCap 400, and Resources Connection Inc. (NASD: RECN) will replace Home Properties in the S&P SmallCap 600 index after the close of trading on Friday, September 30. BJ's Wholesale Club is being acquired by Leonard Green & Partners L.P. and CVC Capital Partners in a deal expected to be completed on or about that date pending final conditions.
WESTBOROUGH, Mass. (Reuters) - Private equity firmsaid it has teamed up withto bid for BJ's Wholesale Club Inc., the latest in a flurry of deal activity in discount retail. Leonard Green and its affiliates, which also reported a 9.3 percent stake in the retailer in a regulatory filing, however, did not disclose the financial terms of the proposal.
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