Moody's Gives Thumbs Up to Possible Honda-Nissan Merger

Key TakeawaysMoody's gave a positive review of the potential merger of Honda and Nissan.Analyst Dean Enjo wrote that the deal would be "credit positive" if done correctly.Former Nissan CEO Carlos Ghosn warned Nissan would face "carnage" if the combination went through. American depositary receipts (ADRs) of Honda (HMC) advanced Tuesday after Moody's gave a positive outlook about the potential merger between the automaker and Japanese rival Nissan. The two companies confirmed yesterday that they planned to ...