TSFG to be removed from S&P index
09/24/2010
The South Financial Group will be dropped from the S&P SmallCap 600 index in the next week or so, after its acquisition by TD Financial Group is completed.
South Financial shareholders will vote on the proposed merger on Sept. 28 in Greenville.
Liquidity Services Inc. will replace TSFG in the S&P SmallCap 600. Based in Washington, D.C., Liquidity Services operates an online auction marketplace for surplus and salvage assets.
