Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, 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.

http://lawprofessors.typepad.com/securities/2007/09/sallie-mae-buyo.html

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