RESTON, Va., June 19 /PRNewswire-FirstCall/ -- SLM Corporation (NYSE:
SLM), commonly known as Sallie Mae, today announced that termination of the
waiting period required under the Hart-Scott-Rodino Antitrust Improvements
Act of 1976, as amended, was granted on June 18, 2007 in connection with
the proposed acquisition of Sallie Mae by an investor group led by J.C.
Flowers & Co.
(Logo: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a )
SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the
nation's leading provider of saving- and paying-for-college programs. The
company manages $150 billion in education loans and serves nearly 10
million student and parent customers. Through its Upromise affiliates, the
company also manages $17 billion in 529 college-savings plans, and over 7.5
million members have joined Upromise to help save for college with rewards
on purchases at nearly 70,000 places. Sallie Mae and its subsidiaries offer
debt management services as well as business and technical products to a
range of business clients, including higher education institutions, student
loan guarantors and state and federal agencies. More information is
available at http://www.salliemae.com. SLM Corporation and its subsidiaries
are not sponsored by or agencies of the United States of America.
SOURCE SLM Corporation
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Related links:
http://www.salliemae.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20030617/SLMLOGO-a
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/827187.html /
CONTACT:
Tom Joyce (Media), +1-703-984-5610; or Steve
McGarry (Investors), +1-703-984-6746, both of SLM Corporation
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