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S&P: Acadia positive
Standard & Poor's said it revised its outlook on Acadia Healthcare Co. Inc. to positive from stable.
The agency also affirmed its B corporate credit rating on the company.
"The outlook revision is based on the expectation that management will improve profitability and free operating cash flow, and maintain leverage below 5x while executing its aggressive acquisition strategy," said S&P credit analyst Tahira Wright in a news release.
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