Sunday, November 08, 2009
Fitch Downgrades Merck and Upgrades Schering-Plough to 'A+' Following Merger; Outlook Stable (Business Wire via Yahoo! Finance)
CHICAGO----As a result of the completed merger between Merck & Co., Inc. and Schering-Plough Corp. yesterday, Fitch Ratings has downgraded Merck's Issuer Default Rating to 'A+' from 'AA-' and upgraded Schering-Plough's IDR to 'A+' from 'BBB+'.
# posted by (hris @ 3:20 PM 
