Aug 10 - Rating Action On Aug. 10, 2012, Standard & Poor's Ratings Services withdrew its ratings on Solutia Inc., including its corporate credit rating. The withdrawals follow Eastman Chemical Co.'s (BBB/Stable/A-2) acquisition of Solutia, as well as the company's repayment of all its rated debt. Rationale We have withdrawn our issue ratings and our corporate credit rating on Solutia Inc. upon the completion of Eastman Chemical Co.'s acquisition of the company. Solutia has paid down all of its rated debt. Related Criteria And Research -- 2008 Corporate Criteria: Analytical Methodology, April 15, 2008 Ratings List Ratings Withdrawn To From Solutia Inc. Corporate credit rating NR/NR BB/Watch Pos/NR To From Solutia Inc. Senior secured NR BB+/Watch Pos NR 2 Senior unsecured NR BB-/Watch Pos NR 5 Complete ratings information is available to subscribers of RatingsDirect on the Global Credit Portal at www.globalcreditportal.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com. Use the Ratings search box located in the left column.
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.