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On May 29, Morningstar announced it had entered
into a definitive agreement to acquire DBRS, the
world's fourth largest credit ratings agency, for a purchase
price of $669 million. The transaction is expected to close in the
third quarter of 2019. Press Release.
On May 24, Moody's published its revised
methodology for rating Vacation Timeshare Loan
Securitizations. Methodology.
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