Standard & Poor's has announced changes to the S&P MidCap 400 and REIT Composite indices.Duke Realty Corp., a constituent of S&P's REIT Composite Index, will replace AG Edwards Inc. in the S&P MidCap 400 after the close of trading on Sept. 28 because Edwards is being acquired by Wachovia Corp. Duke is an Indianapolis-based real estate investment trust that provides leasing, property, asset management, and other tenant-related services. In addition, Cogdell Spencer Inc. will replace Republic Property Trust in the S&P REIT Composite Index after the close of trading on a date to be announced because Republic is being acquired by Liberty Property Trust. Cogdell, based in Charlotte, N.C., owns specialty properties for the medical profession in the southeastern United States. S&P can be found online at http://www.standardandpoors.com.
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