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S&P Revises MMC Outlook To Negative, Others Do Not Follow

Standard & Poor's revised its outlook to negative on Marsh & McLennan Companies after MMC announced a $500 million settlement with the Alaska Retirement Management Board...

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NU Online News Service, June 15, 1:05 p.m. EDT

Standard & Poor’s revised its outlook to negative on Marsh & McLennan Companies after MMC announced a $500 million settlement with the Alaska Retirement Management Board, but two other rating agencies said the settlement would not have a detrimental impact on the firm.

S&P revised its outlook Monday after MMC announced the settlement on behalf of its consulting firm Mercer on Friday.

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