CIT Announces Closing Date for Acquisition of Newcourt.LIVINGSTON, N.J.--(BUSINESS WIRE)--November 4, 1999-- The CIT n. 1. A citizen; an inhabitant of a city; a pert townsman; - used contemptuously. Which past endurance sting the tender cit. - Emerson. Group, Inc. (NYSE NYSE See: New York Stock Exchange : CIT) has announced today that Monday, November 15, 1999 is the planned closing date for its acquisition of Newcourt Credit Group Inc. (NYSE,TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). ,MSE MSE Mouse (computer) MSE Materials Science & Engineering MSE Mean Squared Error MSE Mean Square Error MSE Master of Science in Engineering MSE Manufacturing Systems Engineering MSE Mechanically Stabilized Earth : NCT). The Federal Reserve Board and the Minister of Finance of Canada approvals have been received and shareholders of both companies approved the transaction at respective special shareholder meetings held October 26, 1999. The acquisition will create the world's largest publicly owned commercial finance company with more than $50 billion in managed assets. |
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