Sallie Mae says takeover deal threatened

(Reuters) - On Wednesday, Sallie Mae said the acquiring group said it
believes that current legislative proposals before the U.S.
House of Representatives and U.S. Senate "could result in a
failure of the conditions to the closing of the merger to be
satisfied."




Sallie Mae said it "strongly disagrees with this assertion"
and "intends to proceed towards the closing of the merger
transaction as rapidly as possible and will take all steps to
protect shareholders' interests."


Read more at Reuters.com Bonds News