Research Update: Viant Holdings Inc. 'B' Rating Kept On CreditWatch Positive As Acquisition Awaits Regulatory Approval Feb 10
Standard & Poors, February 2010
Abstract
Regulatory approval for MultiPlan's acquisition of Viant, a competitor in the U.S. health care cost-management industry, is pending as of Feb. 18, 2010. As a result, we are keeping our 'B' counterparty credit rating on Viant on CreditWatch positive. The ratings on MultiPlan (B+/Stable/--) remain unaffected. On Feb. 18, 2010, Standard & Poor's Ratings Services kept its 'B' counterparty credit rating on Viant Holdings Inc. (Viant) on CreditWatch, where it was placed on Aug. 5, 2009, with positive implications. We believe that MultiPlan and Viant still intend to consummate their merger and that a regulatory decision could be reached by the end of first-quarter 2010. Following the close of the transaction, we likely will raise the counterparty credit rating on...
Companies mentioned in this report are:
- Viant Holdings Inc. (dba Viant)
- MultiPlan Inc.
Action: CreditWatch Update
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Product Type: Research Update
Research updates complement media releases. They offer more depth and detail than summary analyses by incorporating all information published in the media release. They are more up to date than summaries in that they are published simultaneously with media releases.
- Viant Holdings Inc. (dba Viant)
- MultiPlan Inc.
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW5
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network