Moody’s and Fitch Give HP ‘Stable’ Ratings Following Announcement of Poly Acquisition

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HP Inc. announced plans to acquire Plantronics Inc. (Poly) on March 28 (see “HP Inc. to Acquire Poly”). The PC and printer giant’s announcement prompted Moody’s Investors Service and Fitch Ratings to issue ratings actions. Poly is a provider of audio- and video-conferencing products. HP’s planned acquisition of the company, which is expected to close

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