Tag Archives: finance company
CIT’s future in question ahead of lender meeting
Lexington Herald – CIT Group Inc.’s shares soared Tuesday on a report that hedge fund manager John Paulson is considering merging the troubled finance company with failed mortgage lender IndyMac Federal Bank. But they plunged after-hours as a separate report […]
Paulson mulls CIT-IndyMac merger: report
Reuters – Hedge fund manager John Paulson is considering merging troubled U.S. finance company CIT Group Inc with failed mortgage lender IndyMac Federal Bank, the New York Post said, citing people familiar with the matter. CIT shares rose 9.6 percent, […]
