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14.06.2013 22:13:00
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NPC International, Inc. -- Moody's says NPC's agreement to become a Wendy's franchisee is credit positive; no impact on ratings at this time
New York, June 14, 2013 -- Moody's says NPC International, Inc.'s ("NPC") ratings and stable outlook are currently unaffected by its June 13, 2013 announcement that it had entered into an Asset Purchase Agreement (APA) with a subsidiary of The Wendy's Company (Wendy's) to acquire up to 24 Wendy's restaurants for $9.3 million, plus amounts for working capital and initial franchise fees.
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