05.06.2015 20:10:00

Generic Drug Holdings, Inc. -- Moody's puts Generic Drug's ratings (B3 CFR) on review for upgrade following news of acquisition by Cardinal Health

New York, June 05, 2015 -- Moody's Investors Service placed Generic Drug Holdings, Inc.'s ratings, including its B3 Corporate Family Rating, on review for upgrade. The action follows the announcement that Cardinal Health, Inc. plans to acquire Generic Drug's operating subsidiary, Harvard Drug Group, for approximately $1.115 billion.

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