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Prospect News home > News index > List of issuers D > Headlines for Dresser, Inc. > News item |
S&P lifts Dresser from junk
Standard & Poor's said it raised the corporate credit rating on Dresser Inc. to AA+ from B following GE's (AA+/stable/A-1+) acquisition of Dresser and subsequently withdrew all our ratings on the company.
The agency removed the ratings from CreditWatch, where it had been placed with positive implications on Oct. 6, following the acquisition announcement.
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