MultiPlan announced today that it has agreed to be acquired by private-equity firms BC Partners and Silver Lake as part of a secondary buyout. We are placing our ratings, including the local currency 'B+' counterparty credit rating, on MultiPlan on CreditWatch with developing implications. We plan to resolve the CreditWatch listing in the next 30 days. NEW YORK (Standard & Poor's) July 12, 2010--Standard & Poor's Ratings Services said today that it placed its ratings, including local currency the 'B+' counterparty credit rating, on New York City-based MultiPlan Inc. on CreditWatch with developing implications. MultiPlan announced today that it has agreed to be acquired by private-equity firms BC Partners and Silver Lake as part of a secondary buyout from its...
Companies mentioned in this report are:
- MultiPlan Inc.
- Viant Holdings Inc. (dba Viant)
Action: On CreditWatch:Developing
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Research type: News
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