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Nortek (NTK) Agrees to be Acquired by Melrose Industries PLC for $86/Share

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Moody's Places Nortek's (NTK) Ratings on Review for Upgrade

July 7, 2016 4:50 PM EDT

Moody's Investors Service placed Nortek, Inc.'s (Nasdaq: NTK) ratings under review for upgrade, including its B2 Corporate Family Rating, B2-PD Probability of Default Rating, the Ba3 rating assigned to its senior secured term loan due 2020, and the B3 rating assigned to its senior unsecured notes due 2021. The review follows... More