{"id":68056,"date":"2019-02-20T00:11:45","date_gmt":"2019-02-20T05:11:45","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=68056"},"modified":"2019-02-20T00:11:45","modified_gmt":"2019-02-20T05:11:45","slug":"navient-rejects-3-2-billion-takeover-bid-from-canyon-capital-and-platinum-equity","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2019\/navient-rejects-3-2-billion-takeover-bid-from-canyon-capital-and-platinum-equity.html","title":{"rendered":"Navient Rejects $3.2 billion Takeover Bid from Canyon Capital and Platinum Equity"},"content":{"rendered":"<p>\n(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\u2019s 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.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-navient-corp-m-a\/navient-rejects-3-2-billion-takeover-bid-from-canyon-capital-and-platinum-equity-idUSKCN1Q71TX\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(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\u2019s board voted on Monday to reject the $12.50 per share offer from hedge fund Canyon Capital [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-68056","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=68056"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68056\/revisions"}],"predecessor-version":[{"id":68057,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/68056\/revisions\/68057"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=68056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=68056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=68056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}