Securities Law Prof Blog

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

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.

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