BVF Biovail Corp

NEW YORK, Sept. 22 /PRNewswire/ -- S&P SmallCap 600 constituent Baldor Electric Co. (NYSE: BEZ) will replace Valeant Pharmaceuticals International (NYSE: VRX) in the S&P MidCap 400 index, and Universal Health Realty Trust (NYSE: UHT) will replace Baldor Electric Co. in the  S&P SmallCap 600 index after the close of trading on Monday, September 27.  Valeant Pharmaceuticals is being acquired by S&P Global 1200 constituent Biovail Co. (NYSE: BVF) in a deal expected to close soon, pending final approvals.

Standard & Poor's will monitor this transaction, and post any relevant updates on its website: www.standardandpoors.com .

Baldor Electric designs, manufactures, and markets industrial electric motors, mechanical power transmission products, drives, and generators. Headquartered in Fort Smith, AK, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Electrical Components & Equipment Sub-Industry index.

Universal Health Realty Income Trust, operating as a real estate investment trust (REIT), invests in health care and human service related facilities.  Headquartered in King of Prussia, PA, the company will be added to the S&P SmallCap 600 GICS Specialized REITs Sub-Industry index.

Following is a summary of the changes:

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SOURCE Standard & Poor's