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The components of the DJIA have changed 51 times since its beginning in May 26, 1896. Numerous companies were added and deleted over this time. So other than failure, bankruptcy, or simply being renamed, pick a company that was Deleted from, or Replaced on, the DJIA, and tell me two things:

1) Why was the company deleted or replaced?

2) What was the company’s official response to this action?

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