Standard & Poor’s has received notification that the acquisition of PHS by United Health Group Inc. (UNH-in the S&P 500 Index) closed before the open of trading this morning. In today’s intra-day S&P MidCap 400 calculations, PHS’s price will be frozen at $90.81. In tonight’s index calculation, PHS’s closing price will be derived from adding $21.50 plus 1.1 times the closing price of UNH. S&P will make the index changes announced yesterday after tonight’s close.
