S&P: Genesco unaffected

Standard & Poor's said Genesco Inc.'s ratings (BB-/Watch developing) remain unchanged following its lawsuit against Finish Line Inc.

Genesco is seeking an order requiring Finish Line to consummate its merger with Genesco and to enforce Finish Line's rights against UBS under the commitment letter for financing the deal, according to the agency. Genesco accepted a bid in June from Finish Line for $1.53 billion in cash, or $54.50 per share.

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