Morning Deals: BBT, CIT
Market News Video
Aug. 17, 2009. 11:41 AM EST
CIT Group (CIT) has declared its $1 billion debt repurchase offer a success, allowing the company... More »
CIT Group (CIT) has declared its $1 billion debt repurchase offer a success, allowing the company to avoid bankruptcy. CIT had said that unless at least 58 percent of bondholders redeemed its debt, it would likely have to file for bankruptcy protection. « Less
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