Hints and tips:
...SLM Corporation, better known as Sallie Mae, lost 3.6 per cent to $17.11 on disappointment at the failure of Mitt Romney to capture the White House and Republicans to recapture the Senate....
...last autumn, activists have focused on several issues related to their core message of inequality and economic justice, including protests against foreclosures, political fundraisers and the influence of corporations...
Payday and private student lenders are next in line for regulatory scrutiny
...Discover will take over the ongoing business of Student Loan Corporation, which was listed in 1992 but remained 80 per cent owned by Citi, and will also purchase $4bn of private student loans....
...The sector dropped 1.4 per cent with Hess Corporation, oil company, down 3.8 per cent at $50.89....
...Huntsman Corporation and prospective suitor Apollo Management are suing each other and the buy-out of Clear Channel Communications required a a renegotiation at a lower price....
...The battle over Sallie Mae, formally known as SLM Corporation, is the largest and most high-profile tussle over a leveraged buy-out deal signed before the credit squeeze to end up in court....
...This week, KKR completed its $26bn purchase of First Data Corporation, the credit card processing group....
...Buy-outs by private equity groups reached a record of $568.7bn, 23 per cent up on the previous high of $459.2bn in the 2006 second half, boosted by bids for Alltel, First Data, SLM and Altadis....
...Buy-outs by private equity groups reached a record high of $568.7bn, a rise of 23 per cent on the previous high of $459.2bn in the second half of 2006, boosted by bids for Alltel, First Data, SLM and Altadis...
...Sallie Mae, officially the SLM Corporation, was created by Congress in 1972 to support a secondary market for student loans issued by private lenders....
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