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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
October 31, 2009
Commercial lender CIT Group Inc. said Friday that billionaire investor and bondholder Carl Icahn agreed to support the company’s restructuring plan amid reports CIT may soon file for bankruptcy protection. Icahn also agreed to provide CIT with a $1 billion line of credit.
Icahn has been an....
