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  • Icahn Announces Tender Offer for Smaller CIT Debt Holders

    Oct 27th, 2009 - Bloomberg

    Icahn Announces Tender Offer for Smaller CIT Debt HoldersOct. 27 (Bloomberg) -- Carl Icahn, the billionaire investorwho says he is the largest bondholder of CIT Group Inc., isoffering to limit the downside for smaller noteholders if theysupport him in opposing the lender’s $30 billion debt exchange.

  • CIT amends restructuring plan with bondholders

    Oct 17th, 2009 - Washington Post

    CHICAGO (Reuters) - Commercial finance company CIT Group Inc <CIT.N> and a group representing its bondholders have agreed on changes to the company's proposed restructuring plan as it looks shore up its finances. The changes...

  • CIT Announces Amended Restructuring Plan

    Oct 17th, 2009 - Wall Street Journal

    Negotiations between CIT Group (CIT), the troubled commercial lender, and a steering committee of bondholders and some aggrieved investors went down to the 11th hour before...

  • MGM Mirage ends debt exchange offer

    Oct 1st, 2009 - Philly

    LAS VEGAS - Casino operator MGM Mirage said Thursday that it has ended a debt exchange offer because not enough debt holders accepted the deal. The offer gave holders the chance to exchange up to $782 million in 8.

  • GM plans for bankruptcy Monday

    May 28th, 2009 - Freep

    General Motors Corp., the industrial behemoth that once defined the American corporation, plans to file for bankruptcy reorganization Monday, the Free Press learned today. Crippled by the worst U.S...

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