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S&P: Knology unchanged
Standard & Poor's said that recent media reports regarding Knology Inc.'s potential sale have no immediate effect on its B+ rating and stable outlook.
The company is seeking potential buyers, including financial sponsors, S&P said.
But, the agency said it cannot accurately assess the likelihood of a sale and what the resulting capital structure would be.
S&P said it will monitor any developments and respond as appropriate if details emerge that are material to Knology's credit risk.
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