Deals
Higher One College-Payments Company Said to Seek Buyout
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Higher One Holdings Inc., the college-payment processor founded by three Yale University students, is seeking a buyer and has contacted private-equity firms, according to three people with knowledge of the talks.
Higher One is using Goldman Sachs Group Inc. to canvass potential buyers, said the people, who requested anonymity because the matter is private. The New Haven, Connecticut-based company’s market value topped $600 million yesterday and its shares jumped 7.9 percent today.