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Sallie Mae Sues Spooked Suitors

Student-loan giant refuses to renegotiate $25B buyout deal

By Peter Fearon, Newser Staff

Posted Oct 9, 2007 5:45 AM CDT

(Newser) – College student lender Sallie Mae is suing a group of private equity firms and banks that are backing out of a $25-billion buyout deal. The group—J.C. Flowers & Company, Friedman Fleischer & Lowe, JP Morgan Chase and Bank of America—had set a... Read full story »

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private equity • Sallie Mae • Bank of America • buyout • JC Flowers and Co • Friedman Fleischer and Lowe • Albert Lord • JPMorgan Chase

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Sallie Mae Sues Spooked Suitors

Student-loan giant refuses to renegotiate $25B buyout deal

Jilting Sallie Mae

private equity • Sallie Mae • Bank of America • buyout • JC Flowers and Co • Friedman Fleischer and Lowe • Albert Lord • JPMorgan Chase

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