CIT Lending Again

Tarbous, Ken
December 2009
Mergers & Acquisitions Report;12/21/2009, Vol. 22 Issue 51, p3
This article reports on the decision of CIT Group Inc. to commit 500 million U.S. dollars to its small business lending program for government guaranteed loans in the U.S. in 2009. CIT Group made the decision after emerging from its bankruptcy. The country's middle-market companies will be targeted by the loans. The company also plans to select a board of directors.


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