-- U.S. automotive parts retailer Pep Boys-Manny, Moe & Jack
announced the termination of the merger agreement with The Gores Group.
-- The ratings remain on CreditWatch with negative implications because
we believe there is still a chance for us to lower the rating given that
preliminary first-quarter results were below our expectations.
-- We expect to resolve the CreditWatch listing shortly after the
company's June 7, 2012 earnings release and conference cal
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