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S&P puts DTN on developing watch
Standard & Poor's said it placed DTN Inc.'s B+ corporate credit rating on CreditWatch with developing implications.
The watch follows the announcement that Telvent Git SA plans to purchase DTN for $445 million, which is to be funded through $80 million of senior debt, $103 million of equity and $28 million of initial public offering proceeds and cash, according to the agency.
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