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Moody's: Seagate unchanged
Moody's Investors Service said Seagate Technology HDD Holdings' Ba1 corporate family rating is not immediately impacted by Western Digital's announcement that Western Digital has entered into a definitive agreement to acquire Hitachi GST, a business unit of Hitachi Ltd., for $4.3 billion.
The last rating action was on Dec. 8 when Moody's assigned a Ba1 rating to Seagate HDD Cayman's $750 million of senior notes due 2018.
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