April 26 (Reuters) - CIT Group Inc:
* CIT ANNOUNCES CASH TENDER OFFER FOR UP TO $500,000,000 OF ITS COMMON STOCK
* CIT GROUP INC - EXPECTS TO USE CASH AND CASH EQUIVALENTS TO FUND PURCHASES OF SHARES VALIDLY TENDERED AND ACCEPTED IN TENDER OFFER
* CIT GROUP - OFFERING TO BUY STOCK FOR PURCHASE PRICE UP TO $500 MILLION AT SINGLE PER-SHARE PURCHASE PRICE NOT OVER $56.00, NOT BELOW $50.00 NET TO SELLER
* CIT GROUP INC - OFFER WILL EXPIRE ON MAY 23, 2018, UNLESS EXTENDED OR EARLIER TERMINATED BY CIT Source text for Eikon: Further company coverage:
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