New York, June 17, 2015 -- Moody's Investors Service placed Hill-Rom, Inc.'s ("Hill-Rom") Baa3 senior unsecured rating under review for downgrade following the company's announcement that it has entered into an agreement to acquire Welch Allyn, a US-based medical device manufacturer, for approximately $2.05 billion. The acquisition is expected to close by the end of September 2015.

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