Sallie Mae Declares Series B Dividend
Fitch Affirms SLM 2003-8 and SLM 2003-9
Sallie Mae SLM announced Monday that it has agreed to be acquired by a group consisting of two private-equity firms, Bank of America BAC, and J.P. Morgan Chase & Co. JPM. The $60 per share cash offer is 20% above our existing fair value estimate; at first blush, we think this is a very good deal ...
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