Tagged SLM

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Va Partners Goes Active on SLM Corp.

Item 4. Purpose of Transaction The responses to Items 3, 5 and 6 of this Schedule 13D are incorporated herein by reference. The Reporting Persons have had and anticipate having further discussions with officers and directors of the Issuer in connection with the Reporting Persons’ investment in the Issuer. The topics of these conversations will…

Sallie Mae to Split into Two

Sallie Mae (SLM) Board has authorized management to pursue separation of the company’s existing businesses into two, separate, publicly traded entities — an education loan management business and a consumer banking business — to unlock value and enhance long-term growth potential. The strategic plan will create two companies, each initially owned by Sallie Mae’s existing…