S&P: Weight Watchers unaffected by acquisition

Standard & Poor's said Tuesday that the ratings and outlook on Weight Watchers International Inc. (BB/stable/--) would not be affected by the firm's announcement that it has paid $27.2 million to acquire two Weight Watchers franchises.

S&P said the acquisitions expand the geographic footprint of company-owned operations and do not materially affect credit protection measures. Liquidity remains strong, and S&P said it expects that Weight Watchers will continue to prudently manage its cash flow for required debt amortization payments, acquisition opportunities, and stock repurchases to maintain the current ratings and outlook.

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