S&P: Viant on positive watch

Standard & Poor's said it kept its B counterparty credit rating on Viant Holdings Inc. on CreditWatch, where it was placed in August 2009 with positive implications.

The agency said it believes that MultiPlan and Viant still intend to consummate their merger and that a regulatory decision could be reached by the end of the first quarter of 2010.

Following the close of the transaction, S&P said it likely will raise the counterparty credit rating on Viant to B+ from B, which is the same level as MultiPlan.

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