Akamai Technologies Will Replace Biomet in the S&P 500 Index, S&P Says

(Bloomberg) -- Akamai Technologies Inc., whose
software speeds the delivery of Internet data, will replace
Biomet Inc. in the Standard & Poor's 500 Index, S&P said today
in a statement posted on its Web site.

Biomet agreed in June to an $11.4 billion takeover offer
from buyout firms including Blackstone Group LP and the private-
equity arm of Goldman Sachs Group Inc. The change will take
place after the close of trading on July 11, S&P said.


Read more at Bloomberg Stocks News