(Reuters) Student-loan servicer Navient Corp has rejected a $3.2 billion takeover bid from two investors as it believes the offer undervalues the company. Navient’s board voted on Monday to reject the $12.50 per share offer from hedge fund Canyon Capital Advisors LLC and private-equity firm Platinum Equity Advisors LLC.
Navient Rejects $3.2 billion Takeover Bid from Canyon Capital and Platinum Equity
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