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AIG replaced by Kraft in Dow Industrials

NEW YORK | Thu Sep 18, 2008 9:38am EDT

NEW YORK (Reuters) - American International Group (AIG.N) will be replaced by Kraft Foods Inc KFT.N in the Dow Jones Industrial Average .DJI, Dow Jones Indexes said on Thursday.

The index provider said the change was forced by the "effective nationalization" of AIG and its very low stock price.

The change will be effective with the opening of trading on September 22.
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