CIT Group (CIT) Investors Want Breakup Plan: Report

CIT Group Inc. (CIT) shares are trading marginally higher in midday trading following a WSJ report saying Hudson Executive Capital LP, a new activist hedge fund started by two former JP Morgan (JPM) deal makers, has taken a stake in CIT. Hudson Executive believes the best strategy for the lender would be to sell off […] View the full post at: CIT Group (CIT) Investors Want Breakup Plan: Report Related posts: CIT Group Announces Amendmends to its Restructuring Plan CIT Group Prepackaged Chapter 11 Plan Approved by Judge Treasury to Allow a Broader Group of Private Investors to Buy Toxic Assets