Austin's Student Loan Hero Inc. is being bought by a publicly traded financial-technology company with a market capitalization of nearly $3 billion.
LendingTree Inc., which is based in Charlotte, North Carolina, announced Friday that it plans to acquire the business for $60 million.
The all-cash transaction between is expected to close by the end of this quarter.
Student Loan Hero has developed online programs for student loan borrowers such as loan calculators and other financial education tools. Since…
