03.09.2013 22:36:00
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Jarden Corporation -- Moody's says Jarden's acquisition of Yankee Candle is credit positive
New York, September 03, 2013 -- Moody's said Jarden Corporation's ("Jarden" Ba3 stable) announcement today that it entered into a definitive agreement to acquire Yankee Candle Investments ("Yankee Candle" B2 stable) for approximately $1.75 billion is credit positive for Jarden if financed as planned.