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: Securities Law Prof Blog

Sallie Mae Settles Suit for New Financing

By Securites Lawprof

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Sallie Mae settled its lawsuit against the former buyers who backed out of the $25 billion buyout and claimed that new legislation cutting federal subsidies to student lenders was a material adverse change that allowed them to walk away without...

Full post as published by Securities Law Prof Blog on January 28, 2008 (boomark / email).

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