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Fitch affirms Owens & Minor
Fitch Ratings said it affirmed Owens & Minor Inc.'s ratings as follows: issuer default rating at BBB-, senior unsecured credit facility at BBB- and senior unsecured debt at BBB-.
The outlook is stable.
Fitch said that its rating action reflects Owens & Minor's successful integration of the October 2006 acquisition of McKesson's acute-care distribution business.
During the process, the agency said that Owens & Minor focused on retaining customers and converting their business to Owens & Minor's operating platform.
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