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Zuffa’s Credit Rating Cut From BB to BB-, Negative Finantial Outlook Issued

Adam Swift has an interesting article about Zuffa’s credit rating drop. Appearently Zuffa is experiencing returns that are “below expectation.” Below is the lead in to his story:

Standard & Poor’s, a leading financial services company, cut Zuffa’s credit rating in a report issued Tuesday. The downgrade from “BB” to “BB-” was the result of the company’s weaker than expected performance in the third quarter of 2007. This marked “the second consecutive quarter of operating performance that was meaningfully below [S&P’s] expectations.”