WWD.com/business-news/financial/bondholder-deal-won-t-end-cit-troubles-2217463
financial
financial

July 21, 2009

Bondholder Deal Won't End CIT Troubles

Long-term viability of firm CIT still in doubt after news of $3B deal.

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financial/news

Bondholders pulled the embattled lender CIT Group Inc. back from the brink of insolvency Monday with a $3 billion bailout deal, but the highly indebted company’s fight for long-term survival...

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