Tag: Navient

Students loans are not cheap! Navient refuses a $3bn takeover offer

Navient Corp. [Nasdaq: NAVI] – Market Cap as of 28/02/2019  $3.07B Introduction: On February 18, 2019, student-loan servicer Navient rejected a $3.2 billion takeover bid from two investors, the hedge fund Canyon Capital Advisors and the private-equity firm Platinum Equity Advisors, as it believed the offer undervalued the company. Navient’s board voted to reject the […]