TEXT-S&P: Visteon ratings unaffected by earnings

Newswire

(The following statement was released by the rating agency) Nov 3 - Standard & Poor's Ratings Services said today that it views Visteon Corp.'s (B+/Stable/--) third-quarter results, announced today, as consistent with our rating. But we continue to believe the company's May 2011 agreement with an activist investor group; additions to the board from a pool of candidates nominated by the activist investors; the hiring of Goldman Sachs Group as a financial advisor; and the replacement of ...

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