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Moody's reviews Comcast for credit downgrade ahead of planned split
๐Ÿ“ˆ Business

Moody's reviews Comcast for credit downgrade ahead of planned split

Moody's has placed Comcast's long-standing credit ratings under review for a potential downgrade due to the company's planned split into two separate entities. The ratings agency cited "reduced revenue diversification" as the key concern, noting that the revenue mix sustaining Comcast for 15 years will no longer exist after the split.

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