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 ...
Plus, Berkshire posts blowout quarter, student lenders sell off, and more.
Fourteen fundamentally sound picks that the sandman would love.
Plus, news on Fidelity's Reynolds retirement, Janus' Sallie Mae win, and more.
Subprime and housing woes lead to wider asset repricing.