New York, January 04, 2016 -- Moody's Investors Service ("Moody's") said the announced agreement between The Brink's Company ("Brink's") and Starboard Value Fund to add three new directors to the company's board and the announced retirement of CEO Thomas Schievelbein increase uncertainty and could lead to more aggressive financial policies, and are therefore a negative credit development, but the Ba1 Corporate Family and other ratings and the stable ratings outlook remain unchanged at this time.

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