S&P: Vangent unchanged

Standard & Poor's said the B+ ratings on Vangent Inc. remain unchanged in connection to the recently announced plan for the company to be acquired by General Dynamics Corp. for about $960 million in cash.

The ratings on Vangent's issues will likely be withdrawn, along with its corporate credit rating, following the close of the transaction since it is anticipated that the existing term loan and senior subordinated notes will be repaid, S&P said.

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