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TEXT-S&P may still cut Healthcare Partners
Overview -- DaVita's acquisition of HCP is expected to close by fourth-quarter 2012. -- We are keeping our rating on HCP on CreditWatch Negative. -- We expect to lower the rating by three notches to be consistent with our rating on DaVita. Rating Action On Aug. 20, 2011, Standard & Poor's Ratings Services said that its 'BBB-' long-term counterparty credit rating on HealthCare Partners LLC (HCP) remains on CreditWatch with Negative implications where it was initially placed Ma ...
Published By: Reuters (Company news) - Monday, 20 August, 2012