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S&P: Accredo unaffected
Standard & Poor's said the ratings on Accredo Health Inc. (BB/stable/--) are unaffected following the announcement by Medco Health Solutions Inc. that it was acquiring Accredo for $2.2 billion.
S&P said it expects Medco Health, at the close of the acquisition, to refinance all of Accredo's outstanding rated debt.
S&P will subsequently withdraw all its ratings on Accredo.
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