Key Developments: First Marblehead Corp (FMD)

First Marblehead Corp To Acquire Operating Assets Of Cology, Inc.
Wednesday, 3 Oct 2012 08:37am EDT 

First Marblehead Corp announced that it has signed a definitive agreement to acquire certain assets and liabilities of Cology, Inc., and its affiliates for cash. Under the terms of the agreement, First Marblehead Education Loan Services LLC, a wholly owned subsidiary of FMD, expects to complete the acquisition during the second quarter of fiscal 2013, and the transaction is expected to be accretive in the following year.  Full Article