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Hedge fund manager John Paulson is considering a plan that would merge the beleaguered commercial financing and leasing company CIT Group (NYSE:CIT) with failed.
CIT Group's fate is once again hanging in the balance - an already recurring theme it seems, which has become too familiar - if not the norm, for the struggling.
CIT Group Inc. shares plunged in premarket trading Wednesday as the commercial lender is reportedly trying to craft an exchange that would cut its debt and.

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