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Discover Financial Services To Acquire $4.2 Billion of Private Student Loans And The Ongoing Business of The Student Loan Corporation

By TechAgreements

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- Acquisition expands Discover's market presence and origination capabilities in private student loans Riverwoods, IL, Sept. 17, 2010 - Discover Financial Services (NYSE:DFS) today announced that it has reached an agreement to acquire The Student Loan Corporation ("SLC") for $600 million, or $30 per share. Separately and immediately prior to the closing of Discover's transaction, SLC will sell...

Full post as published by TechAgreements on September 17, 2010 (boomark / email).

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