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Biotech / Medical : Paracelsian Inc (PRLN)

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To: LEO RISHTY who wrote (3872)	8/24/1998 10:21:00 AM
From: Judy Muldawer	Read Replies (1) of 4342

Is Scherer really being bought out at CAH? Read this and feel free to comment: Company Press Release SOURCE: Standard & Poor's CreditWire R.P. Scherer Corp. Ratings Raised, Off S&P CreditWatch NEW YORK, Aug. 10 /PRNewswire/ -- Standard & Poor's today raised its corporate credit and senior unsecured credit ratings on R.P. Scherer Corp. to single-'A' from triple-'B'. The ratings were removed the ratings from CreditWatch, where they were placed May 19, 1998. This action reflects the completion of R.P. Scherer's acquisition by single-'A' rated Cardinal Health Inc [NYSE:CAH - news].

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