S&P: Amscan unchanged

Standard & Poor's said its ratings and outlook on Amscan Holdings Inc. (B/negative) currently are unaffected by AAH Holdings Corp.'s announcement that it has acquired PA Acquisition Corp. from a division of Gordon Brothers Group, LLC.

The addition of Party America is expected to further strengthen Amscan's retail presence, the agency noted.

In connection with the acquisition, Party America's outstanding common stock and subordinated debt was converted into AAH's common stock valued at $29.6 million, S&P said.

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