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Baker & Taylor On "Bottom Rung" List

March 23, 2009
By Sarah Weinman

Baker & Taylor ranked on Moody’s Investor’s inaugural “Bottom Rung” list of companies considered at the greatest risk of default or bankruptcy after the B&T’s default rating was lowered last month to B3, with a negative outlook. Moody’s cited a drop in business (particularly on the retail distribution side) as well as B&T’s significant debt, […]

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Filed Under: Distribution, News

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