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News Breaks
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November 19, 2009
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| 10:01 EDT |  | CITGQ |
| theflyonthewall.com: | CIT Group updates solicitation results for reorganization | | CIT Group announced updated results of its solicitation for votes on its voluntary prepackaged plan of reorganization. The solicitation of votes for Class 7, Canadian Senior Unsecured Notes, expired on November 5, 2009. Approximately 89% of holders by outstanding principal amount participated in the solicitation, of which nearly 100% in principal amount and 92% in number of votes cast supported the Plan. :theflyonthewall.com |
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