Higher One (ONE) Could Be Seeking Suitor
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Shares of Higher One Holdings Inc. (NYSE: ONE) spiked in early trading on Thursday after reports came out that the company hired Goldman Sachs Group to canvass potential buyers. Higher One Holdings is a billing company that helps schools process tuition payments. Its two main competitors are unites of SLM Corp (Nasdaq: SLM) and PNC Financial Services Group (NYSE: PNC).
Shares of Higher One Holdings are higher by 6.6 percent. Shares of PNC Financial and SLM Corp. are trading lower.
Shares of Higher One Holdings are higher by 6.6 percent. Shares of PNC Financial and SLM Corp. are trading lower.
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