RCR Wireless News, February 12th, 2001
New York--Standard & Poor's placed its "B+" corporate credit and "B" senior unsecured debt ratings on Pinnacle Holdings Inc. along with the company on CreditWatch with negative implications.
The CreditWatch listing is based on ongoing uncertainty regarding resolution of the Securities and Exchange Commission's investigation of the independence of Pinnacle's public accounting auditor and weaker-than-expected operating performance in the third quart...
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