(Reuters) - The Sallie Mae buyers blamed proposals to cut government subsidies to student lenders, but analysts said the group may want an excuse to pull out or to negotiate a lower price given recent difficulties in raising financing in the debt market.
In another sign that buyers may be holding back, General Electric Co. and Abbott Laboratories Inc. said on Wednesday they terminated a proposed $8 billion deal for the sale of two Abbott diagnostics units to GE, saying they were unable to agree on terms.
Read more at Reuters.com Hot Stocks News
In another sign that buyers may be holding back, General Electric Co. and Abbott Laboratories Inc. said on Wednesday they terminated a proposed $8 billion deal for the sale of two Abbott diagnostics units to GE, saying they were unable to agree on terms.
Read more at Reuters.com Hot Stocks News
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