Buyers of Sallie Mae Propose New Terms

The group has claimed the combination of weaker credit markets and a new federal law slashing government subsidies to student lenders like SLM would hurt the company's business and justified a lower price tag. It argues that SLM's business has suffered a "material adverse event,"...

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Bibliographic Details
Published inThe Wall Street journal. Eastern edition
Main Author Dennis K. Berman and David Enrich
Format Newspaper Article
LanguageEnglish
Published New York, N.Y Dow Jones & Company Inc 03.10.2007
EditionEastern edition
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