NAVI - Mergers and acquisitions

Gallant Capital Partners ("Gallant") announced that it has signed a definitive agreement to acquire the Government Services business ("NGS" or the "Company") of Navient Corporation (NASDAQ:NAVI). NGS provides tech-enabled outsourced business processing to U.S. federal, state, and local government clients. NGS is a leader in the tolling and parking technology and services market and provides other mission-critical services to government agencies including call center support, revenue recovery services, program management, and payment processing. "NGS is a leader in the government services industry with a proven track record of technology-driven innovation and growth. We look forward to s

WILMINGTON, Del., Dec. 20, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Navient Corporation (NASDAQ:NAVI) has adopted a shareholder rights plan (the "Rights Plan") and declared a dividend distribution of one preferred share purchase right on each outstanding share of Navient common stock. The Rights Plan is designed to protect shareholder interests by reducing the likelihood that any person or group would gain control of Navient through the open-market accumulation of the Company's shares without appropriately compensating Navient's shareholders for control. In adopting the Rights Plan, the Board noted, in particular, the recent stock activity and the accumulation of a substantial ec

SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ -- Earnest, a fintech company dedicated to making higher education accessible and affordable for everyone, today announced the acquisition of Going Merry, a one-stop financial aid platform where students match to and apply for scholarships, institutional aid, and government grants through a single free application. Going Merry's robust library of financial aid tools will be available alongside Earnest's existing platform of student loans and student loan refinancing offerings to bring more financial aid opportunities, budgeting insigh