By  on July 24, 2009

With talk of a prepackaged bankruptcy swirling around CIT Group Inc., three potential bidders for its profitable factoring arm appear to have emerged.

Word surfaced July 16 that J.P. Morgan Chase was looking to acquire CIT’s factoring business, but a spokeswoman for J.P. Morgan declined comment.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus