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Moody's might cut One Call
Moody's Investors Service said it placed the ratings of One Call Medical, Inc. under review for possible downgrade, including the company's B2 corporate family rating and B2-PD probability of default rating.
The review was prompted by the Oct. 25 announcement that Apax Partners entered into a definitive agreement to acquire One Call from Odyssey Investment Partners, its controlling stockholder. Apax also entered into a definitive agreement to acquire Align Network, a workers' compensation physical medicine network, from General Atlantic and Riverside Co., with plans to merge the company with One Call.
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