(Bloomberg) -- U.S. stock-index futures rose after SLM Corp. accepted a $25 billion takeover bid and Citigroup Inc. reported first-quarter earnings that beat analysts' estimates.
SLM, the student-loan provider known as Sallie Mae, accepted a $60-a-share offer from JPMorgan Chase & Co., Bank of America Corp. and two private-equity funds. Citigroup gained after the biggest U.S. bank said revenue grew faster than operating costs for the first time since the third quarter of 2005.
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