CIT bankruptcy plan may win OK at December 8 hearing - FTA

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CIT bankruptcy plan may win OK at December 8 hearing

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11-03-2009, 02:10 PM

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CIT bankruptcy plan may win OK at December 8 hearing

NEW YORK (Reuters) - A U.S. bankruptcy judge set a December 8 hearing to consider approval of CIT Group Inc's reorganization plan, aiding the large commercial lender's effort to emerge from bankruptcy by year's end.

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