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Student-loan giant Sallie Mae to split into two separate, publicly traded companies

NEWARK, Del. — Sallie Mae plans to split into two separate, publicly traded companies. The student loan giant also named John Remondi as its CEO.
Sallie Mae, formally named SLM Corp., said Wednesday that the two separate companies — an education loan management business and a consumer banking business — would help unlock… …read more
Source: NY Post

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Posted by on May 30, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.