Lone Star Funds acquires CIT Group Inc-Home Lending Bus from CIT Group Inc


US - Lone Star Funds acquired the home lending business of CIT Group Inc (CIT), a provider of diversified finance services, for $#.# bil. Concurrently, Vanderbilt Mortgage & Finance Inc acquired the manufactured housing portfolio of CIT.

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Lone Star Funds Mergers & Acquisitions

Groupe Delhaize acquires Bi-Lo LLC from Lone Star Funds (pending) (10/5/2009 12:00:00 AM)
Link and Motivation Inc acquires Mihiro Tourist Co Ltd from Lone Star Funds (10/1/2009 12:00:00 AM)
Pacific Portfolio Investment acquires Freight Links Express Holdings (pending) (9/30/2009 12:00:00 AM)
Pacific Golf Properties acquires Itopia Chiba from ITOCHU Corp (4/28/2009 12:00:00 AM)
Lone Star Funds intends to purchase remaining interest in New City Residence Investment (4/7/2009 12:00:00 AM)
Pacific Golf Properties acquires Itopia Tochigi from ITOCHU Corp (4/1/2009 12:00:00 AM)
Pacific Golf Properties acquires Rifu Golf Club from ITOCHU Corp (3/26/2009 12:00:00 AM)
Lone Star Funds seeking buyer for Bruno's Inc (2/5/2009 12:00:00 AM)
Pacific Golf Gr Int'l HD acquires Sanki Kanko from GKA (11/5/2008 12:00:00 AM)
Lone Star Funds seeking buyer for Korea Exchange Bank (10/8/2008 12:00:00 AM)
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The CIT Group, Inc. Mergers & Acquisitions

CIT Group Inc seeking buyer for CIT Group Inc-Leasing Op (10/9/2009 12:00:00 AM)
CIT Group Inc exchanges equity for debt CIT Group Inc (pending) (10/1/2009 12:00:00 AM)
CIT Group Inc is rumored to be planning to acquire Indymac Federal Bank (9/29/2009 12:00:00 AM)
CIT Group Inc exchanges equity for debt CIT Group Inc (8/17/2009 12:00:00 AM)
US Department of the Treasury acquires a minority stake in CIT Group Inc (pending) (12/23/2008 12:00:00 AM)
CIT Group Inc exchanges equity for debt (pending) (11/17/2008 12:00:00 AM)
CIT Group Inc seeking buyer for CIT Group Inc-Rail Car Leasing (8/8/2008 12:00:00 AM)
Vanderbilt Mortgage & Finance acquires CIT Group Inc-Manufactured from CIT Group Inc (7/14/2008 12:00:00 AM)
Brandes Investment Partners LP acquires a minority stake in CIT Group Inc (5/9/2008 12:00:00 AM)
CIT Group Inc seeking buyer for CIT Group Inc-Non-Core Asts (3/21/2008 12:00:00 AM)
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