Credit agencies lower Medtronic's rating post-Covidien merger

Credit agencies Standard & Poor's and Moody's lowered their ratings as promised on Medtronic after it took out a massive debt package to finance its $50 billion acquisition of Covidien.

Covidien, Fitch Ratings, Medtronic, Moody's Investor Service, Standard & Poor's

News Well, Medtronic buys Covidien, Mergers & Acquisitions, Wall Street Beat

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