24.02.2015 00:59:00

OMNOVA Solutions Inc. -- Moody's says that shareholder agreement avoids proxy fight for OMNOVA

New York, February 23, 2015 -- Moody's Investors Service said that OMNOVA Solutions, Inc.'s agreement with Barrington Capital Group, L.P., will enable the company to avoid a credit negative proxy fight in the spring, but the extent to which the company will adopt Barrington's proposals and the resultant impact on OMNOVA's credit profile remains uncertain at present.

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