New York, October 23, 2013 -- Moody's Investors Service placed the Baa3 issuer rating of American Realty Capital Properties, Inc. (ARCP) under review direction uncertain as a result of the announcement that ARCP and Cole Real Estate Investments, Inc. (Cole) have signed a definitive agreement to merge. Moody's rating action reflects the uncertainty surrounding the effect on the rating from the merger.
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