Tuesday, May 15, 2007

UPDATE 2-Fitch changes Reuters outlook to positive

(Reuters) - Moody's Investors Service said it may still cut its ratings on Reuters' debt from "A3," its seventh highest ranking.

The outlook change reflects the expectation that the transaction is likely to go ahead following the recommendations of the two companies' boards and Reuters Founders Share Company support, Fitch said in a statement.


Read more at Reuters.com Mergers News

No comments: