Boulder Brands (BDBD) Ratings Affirmed by Moody's Amid Strategic Realignment
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Moody's Investors Service commented that Boulder Brands' (NASDAQ: BDBD) strategic realignment announcement is credit positive but has no effect on the company's ratings or outlook. On July 8, 2015, Boulder Brands announced organizational and management changes to align functional teams and improve operational effectiveness. The company's stated objective with this restructuring is to introduce its brands to a broader consumer base and better support these brands with the cost savings. For more details please see the Issuer Comment published on July 10, 2015.
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