Morning Brief: Canyon Takes Activist Position in Navient Corp.

April 06, 2018   Stephen Taub

The multistrategy hedge fund firm plans to discuss potential board nominees with the student loan servicer.

Canyon Capital Advisors is going activist on Navient Corporation, the servicer of student loans. In a new 13D filing, the credit-driven multistrategy firm said it boosted its stake in the company to 7.8 percent and plans to discuss potential board …

Subscribe

Subscribers have unlimited access to all online content inc rankings. Start your subscription today - click on the button below.

Subscribe now

Free trial

Taking a free trial will give you access to online content one week (excludes research & rankings). Start your trial today.

Free Trial




Latest Poll

How will hedge funds finish 2017?

 - 73%
 - 11%
 - 17%

View previous results