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Moody's invests in commercial real estate valuation provider

Moody's Corp. has made a minority investment in Rockport VAL LLC, a provider of cloud-based commercial real estate valuation.

Under the terms of the investment, Moody's will have a minority ownership stake in Rockport and a representative on the company's board. Moody's said it does not expect the investment to have a material impact on its 2017 financial results.