Mergers & Acquisitions ·
Navient completes merger into Navient Holdings and distributes E Parent Inc
JSMNavient Holdings, Inc.
On October 28, 2026, Navient Corporation completed a statutory merger with Navient LLC, resulting in the conversion of each share of Navient Common Stock into one share of Navient Holdings Common Stock. The transaction was structured as a tax-free reorganization where Navient ceased to exist and its assets were transferred to the surviving entity, Navient LLC, which became a wholly-owned subsidiary of Navient Holdings. Concurrently, Navient LLC distributed all outstanding capital stock of E Parent Inc. to Navient Holdings. Following the merger, Navient Common Stock was suspended from trading on Nasdaq, and the company filed Form 15 to terminate its SEC registration. Navient operates in the student loan servicing and asset management industry.