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Published on 3/26/2010 in the Prospect News Investment Grade Daily.

Moody's: Cooper Industries unaffected

Moody's Investors Service said the A3 senior unsecured rating and stable outlook of Cooper Industries LLC (formerly Cooper Industries, Inc.) are unchanged following the announcement that indirect parent holding company Cooper Industries plc will form a joint venture combining its tools business with certain tools businesses from Danaher Corp.'s tools and components segment.


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