Latest Customer Service Innovation from Sallie Mae Means Customers Can Now Make Payments from Their Wrists
UPDATE: Feds sue student loan giant Navient
After threatening to walk away from its original $60 per share offer for Sallie Mae SLM , the investor group led by J.C. Flowers produced a new offer of $50 per share in cash along with incentive payments worth as much as $10 per share, depending on Sallie Mae's future performance. In our opinion, ...
Student-Loan Market Warms Up -- WSJ
As Obama Steps Aside, Banks See New Opportunity in Student-Lending Business
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 ...
Plus, news on Fidelity's Reynolds retirement, Janus' Sallie Mae win, and more.
Plus, Berkshire posts blowout quarter, student lenders sell off, and more.
Fourteen fundamentally sound picks that the sandman would love.