Article: Leveraged Buyouts Gone Bust.

Article: Sallie Mae Agrees to $25B Takeover
AP Online;  April 16, 2007 ;     700+ words ......investors announced plans Monday to buy Sallie Mae, taking the nation's largest student...SLM Corp., commonly referred to as Sallie Mae. The sale price represents a nearly 50 percent premium for Sallie Mae's previously sagging stock before...

Article: Sallie Mae Privatization Legislation Enacted.
Business Wire;  October 1, 1996 ;     322 words ...WASHINGTON--(BUSINESS WIRE)--Oct. 1, 1996--Sallie Mae said that it welcomed legislation passed...action taken by Congress to privatize Sallie Mae is one of the most significant developments...the corporation's 23-year history, said Sallie Mae President and Chief Executive Officer...

Article: Sallie Mae Says Planned Buyout May Fail
AP Online;  July 11, 2007 ;     625 words ......largest student lender, commonly known as Sallie Mae, say congressional legislation could kill the deal. Sallie Mae disputes that. The takeover deal, one...federal subsidies to student lenders like Sallie Mae. The bill also would cap annual loan...

Article: Federally-chartered Sallie Mae supports legislation to convert the corporation to fully private status.
Business Wire;  May 12, 1995 ;     379 words ......D.C.--(BUSINESS WIRE)--May 12, 1995--Sallie Mae said it welcomed legislation introduced...federally chartered, stockholder-owned Sallie Mae to recharter as a fully private-sector...orderly, workable program that would permit Sallie Mae to pursue a privatization option with...

Article: Sallie Mae to restructure servicing operation into wholly-owned subsidiary.
Business Wire;  September 29, 1995 ;     191 words ......BUSINESS WIRE)--Sept. 29, 1995--The Sallie Mae Board of Directors today authorized the...operation into a wholly-owned subsidiary, Sallie Mae Servicing Corporation, effective Jan...restructuring is an important step for Sallie Mae and will facilitate our ability to efficiently...

Article: Battle of the student loan lenders: CLC charges Sallie Mae with unfair business practices. (Update).
University Business;  October 1, 2002 ;     387 words ......in federal court against the mammoth Sallie Mae (www.salliemae.com), charging its competitor...than busy, and certainly, both CLC and Sallie Mae want as much of the consolidation business...James Trefil, litigation counsel for CLC, Sallie Mae has not played fair to get it. Among...

Article: Sallie Mae Suit Seeks $900M Breakup Fee
AP Online;  October 9, 2007 ;     607 words ...NEW YORK - Sallie Mae's potential buyers gave the nation...the company." But despite that pitch, Sallie Mae reiterated Monday that it isn't interested...last week. It planned to walk away if Sallie Mae didn't accept the new offer, worth...

Article: Sallie Mae responds to ISS report.
Business Wire;  March 25, 1997 ;     387 words ......March 25, 1997--In response to inquiries, Sallie Mae (NYSE: SLM) Tuesday said the decision...corporate governance changes made by Sallie Mae last week. Lord's special meeting would...separate from the special meeting called by Sallie Mae for May 15 to consider and vote on the...

Article: Investors Punch Back at Sallie Mae
AP Online;  October 15, 2007 ;     498 words ......25 billion buyout of student lender Sallie Mae told a Delaware court on Monday it should...Flowers & Co. came as a counterpunch to Sallie Mae's effort on Friday to get the court to...expedite its lawsuit on the disputed deal. A Sallie Mae spokesman dismissed the move as ...

Article: Sallie Mae board approves reorganization plan, sets May 15 date for special shareholders meeting, and announces first quarter dividends.
Business Wire;  January 24, 1997 ;     700+ words ......BUSINESS WIRE)--Jan. 24, 1997--Sallie Mae announced Friday that its board of...corporation. The plan will be submitted to Sallie Mae shareholders for their approval at a special meeting on May 15. Sallie Mae has created tremendous value for...

Article: Sallie Mae announces closing of Virginia education loan servicing facility.
Business Wire;  February 3, 1995 ;     417 words ......BUSINESS WIRE)--Feb. 3, 1995--Sallie Mae officials announced Friday that...center will be transferred to other Sallie Mae loan servicing facilities around the country. The 830 Virginia-based Sallie Mae employees in business areas outside...

Article: Sallie Mae Agrees to Sell Company
AP Online;  April 16, 2007 ;     278 words ...RESTON, Va. - Sallie Mae, the nation's largest student-loan...billion and each will own 24.9 percent. Sallie Mae's independent board members have unanimously...approve the agreement. Upon closing, Sallie Mae's current management will continue...

Article: Sallie Mae Stock Sale Timing Questioned
AP Online;  May 24, 2007 ;     554 words ......lobbying campaign by student loan company Sallie Mae that included a meeting with Bush budget...million worth of stock. The meeting between Sallie Mae and federal budget officials is listed...education committee. Miller is looking into Sallie Mae Chairman Albert Lord's sale of ...

Article: Sallie Mae 2Q Earns Up 33 Percent
AP Online;  July 17, 2007 ;     608 words ......Reston, Va.-based SLM, commonly known as Sallie Mae, said it earned $966 million, or $1.06...in same quarter last year. However, Sallie Mae's core earnings, which exclude accounting...estimates on adjusted earnings, predicted Sallie Mae would post a profit of 72 cents per share...