BRIEF-Time Inc to join S&P MidCap 400; Time Warner Inc to remain in S&P 500

June 2 Mon Jun 2, 2014 5:20pm EDT

June 2 (Reuters) - * S&P Dow jones indices says Time Inc to join S&P midcap 400 after

spinoff by Time Warner Inc * S&P says Time Inc to join S&P midcap 400 after close of trading on June 6;

says Time Warner Inc to remain in S&P 100, S&P 500

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