Carl Icahn announced that it has raised his offer for notes issued by CIT Group Inc.(CIT). Icahn said it is now offering to pay $650 per $1,000 of principal in certain senior notes that are covered in his tender offer. The tender offer is open for acceptance until December 2, 2009, unless extended or withdrawn.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.