Reuters logo
BRIEF-Navient announces agreement to acquire Earnest for ‍$155 mln
2017年10月4日 / 晚上8点14分 / 17 天前

BRIEF-Navient announces agreement to acquire Earnest for ‍$155 mln

Oct 4 (Reuters) - Navient Corp

* Navient announces agreement to acquire Earnest, a leading financial technology and education finance company

* Navient Corp - deal for ‍$155 million in cash​

* Navient Corp - ‍effective October 4, 2017, Navient will suspend its remaining share repurchase program through year end 2018​

* Navient Corp - ‍company’s annual dividend of $0.64 per share is unchanged​

* Navient Corp - ‍as part of Navient, Earnest will continue as a distinct brand and will be led by its current management team​

* Navient Corp - is expected to originate nearly $1 billion in student loan refinancing loans in 2017​ Source text for Eikon: Further company coverage:

我们的标准:汤森路透“信任原则”
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below