Fitch: Ingram Micro view stable

Fitch Ratings said it affirmed Ingram Micro Inc.'s issuer default rating at BBB- and revised the outlook to stable from negative.

Fitch said it lowered Ingram Micro's outlook to negative following its announced intent to acquire Brightpoint Inc. in 2012. The outlook revision at the time was based on expectations for higher leverage resulting from the partially debt financed transaction and material execution risks inherent in the integration.

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