CIT likely to avoid bankruptcy
A report on the Reuters newswire is quoting the WSJ as saying that CIT have reached agreement with key bondholders for $3 billion in financing and will restructure out of court, avoiding bankruptcy.
A report on the Reuters newswire is quoting the WSJ as saying that CIT have reached agreement with key bondholders for $3 billion in financing and will restructure out of court, avoiding bankruptcy.
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