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S&P 500 Constituent L-3 Communications Spins Off Engility, Changes Come To S&P SmallCap 600 Index S&P 500 Constituent L-3 Communications Spins Off Engility, Changes Come To S&P SmallCap 600 Index

L-3 Communications announced in June that its Board of Directors had approved the spin-off of systems engineering company Engility Holdings. It has now been announced that Engility will replace Savient Pharmaceuticals in the S&P SmallCap 600 index after the close …