Skadden is representing Citigroup in The Student Loan Corporation's (Citi’s indirect subsidiary) divestiture of Citi’s private student loan business and approximately $32 billion of its approximately $46 billion in assets to Discover Financial Services and SLM Corporation (Sallie Mae). The deal was announced on Sept. 17, 2010.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates