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Tue 05 May 2009Moody's withdraws credit rating for Houghton Mifflin
INTERNATIONAL AGENCY Moody’s has withdrawn its credit ratings for Houghton Mifflin Harcourt (HMH), Irish businessman Barry O’Callaghan’s US publishing operation.
Moody’s, which measures and rates businesses’ ability to repay their debts, said yesterday that it was withdrawing rating for all of HMH’s debt securities.
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