Dish Network to Join S&P 500

NEW YORK — DISH Network Corp. (NASD: DISH) will join the prestigious S&P 500 index effective prior to the open of trading on Monday, March 13.

DISH is set to replace Linear Technology Corp. (NASD: LLTC) in the index. S&P 500 constituent Analog Devices Inc. (NASD: ADI) is acquiring Linear Technology in a deal expected to be completed soon pending final closing conditions.

DISH Network is a provider of pay-tv services via satellite and also operates Sling TV, a streaming Internet TV service. Headquartered in Englewood, CO, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Cable & Satellite Sub-Industry index.

Following is a summary of the change:

S&P 500 INDEX – March 13, 2017

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

DISH Network

Consumer Discretionary

Cable & Satellite

DELETED

Linear Technology

Information Technology

Semiconductors