New York, December 22, 2015 -- Moody's Investors Service placed NetApp Inc.'s Baa1 senior unsecured rating on review for downgrade following the company's announcement yesterday that it is has entered into a definitive agreement to acquire privately-held SolidFire in an all-cash, debt funded deal for $870 million. The board of directors of both companies have approved the transaction, which, pending regulatory review, is expected to close in NetApp's fourth fiscal quarter ending April 2016.

Vollständigen Artikel bei Moodys lesen