Hedge fund Canyon Capital says it will propose a minority slate of candidates for election at Navient’s annual meeting
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Navient rejects $3.2 billion takeover bid from Canyon Capital and Platinum EquityStudent-loan servicer Navient Corp has rejected a $3.2 billion takeover bid from two investors as it believes the offer undervalues the company.
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Navient Rejects $3.2 Billion Takeover Bid From Canyon Capital, Platinum EquityNavient has received a buyout offer worth about $3.2 billion from a pair of investors that the student-loan servicer rejected as too low.
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