Select Acquires Citi’s Personal Education loan Company; Sallie Mae When deciding to take Federal Finance
“Find Economic Services (NYSE:DFS) today revealed it has reached a binding agreement to track down The fresh new Student loan Organization (“SLC”) getting $600 mil, or $31 each display. Alone and you will instantaneously before the closing out of Discover’s exchange, SLC will sell $twenty eight mil regarding possessions to help you Sallie Mae and you will $nine billion regarding property to Citibank. Read More
