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Entravision’s ‘B+’ ratings unchanged on outdoor ad operations plan

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Posted on: November 27th, 2007
Filed Under: Blogante Business, Business, Hispanic News, Marketing & Advertising
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“Standard & Poor’s (NYSE:MHP) Ratings Services said the recent announcement by Communications Corp (NYSE:EVC) that it is exploring strategic alternatives with its outdoor operations has no immediate effect on the ratings or outlook.

The ratings agency has a ‘B+’ with a positive outlook on the media company.

S&P said it believes that does not have the size or scale to maximize its return on these assets, and therefore could benefit from redeploying the proceeds into its core business.”*

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