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S&P: American Pacific affirmed; outlook positive
Standard & Poor's said it revised its outlook on American Pacific Corp. to positive from stable.
At the same time, the agency said it affirmed all its ratings, including the B corporate credit rating, on the company.
According to S&P, the outlook revision follows the company's recent announcement that it has reached an agreement to sell its Aerospace Equipment segment to Moog Inc. (BB/stable) for gross proceeds of $46 million.
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