50/50: CIT board now is in the meeting

By Daniel at 1 October, 2009, 11:48 am


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“Under the plan, CIT would offer its unsecured debt holders two options — either exchange their debt voluntarily, or face a prepackaged bankruptcy, sources said on Wednesday.”

Link: http://finance.yahoo.com/news/CIT-board-meeting-to-weigh-rb-196289738.html?x=0&.v=1


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