UPDATE 2-Sallie Maes stock, preferred sales raise $3 bln - Reuters

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UPDATE 2-Sallie Mae's stock, preferred sales raise $3 bln
Reuters - 57 minutes ago
By Dan Wilchins NEW YORK, Dec 27 (Reuters) - Sallie Mae (SLM.N: Quote, Profile, Research), the largest educational lending company in the United States, said it sold $1 billion of convertible securities and $2 billion of common stock, raising more ...
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