Moody's says SourceHOV's announcement to combine with Novitex and Quinpario is credit positive; no ratings impact
New York, February 23, 2017-- Moody's Investors Service, said that SourceHOV LLC's recently announced plan that it has agreed to merge with Novitex Enterprise Solutions and Quinpario Acquisition Corp. 2 as part of a reverse IPO merger is a credit positive because Moody's expects that the company will benefit from lower debt leverage and greater financial flexibility while addressing key liquidity concerns. For additional details please refer to the issuer comment posted on...
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