September 20, 2007
Sallie Mae Buyout in Trouble, Again
Will the Sallie Mae buyout be another casualty of the tight credit markets? The buyers have previously said the $25 billion deal was in jeopardy after Congress passed legislation reducing subsidies to student lenders. They are expected to press Sallie Mae for a price reduction and, failing that, may walk away. NYTimes, Deal to Buy Sallie Mae in Jeopardy.
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