-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CGbDjjQ+xJHQNhAgLhw9Bv6a9i/J0thXMF6sQtg3K7iOjO2s5Jv2LSHCwT93KpaR jr+E2di8EosbpJleHUW3PQ== 0000020388-99-000042.txt : 19991109 0000020388-99-000042.hdr.sgml : 19991109 ACCESSION NUMBER: 0000020388-99-000042 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991026 ITEM INFORMATION: FILED AS OF DATE: 19991108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CIT GROUP INC CENTRAL INDEX KEY: 0000020388 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 132994534 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-01861 FILM NUMBER: 99742825 BUSINESS ADDRESS: STREET 1: 1211 AVE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2125361390 MAIL ADDRESS: STREET 1: 1211 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: CIT GROUP HOLDINGS INC /DE/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CIT FINANCIAL CORP/OLD/ DATE OF NAME CHANGE: 19860512 8-K 1 SHAREHOLDER AAPPROVAL OF ACQUISITION. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) October 26, 1999 ---------------- The CIT Group, Inc. - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 1-1861 13-2994534 - -------------------------------------------------------------------------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 1211 Avenue of the Americas New York, New York 10036 - -------------------------------------------------------------------------------- Registrant's telephone number, including area code (212) 536-1390 -------------- - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 5. Other Events. -------------- See the attached press releases, which are incorporated herein by reference, regarding: 1. The approval by stockholders, at a Special Meeting of Stockholders, of the pending acquisition of Newcourt Credit Group Inc., filed as Exhibit 99.1; and 2. The declaration of a dividend for the quarter ending September 30, 1999 of $.10 per share, payable on November 30, 1999 to holders of record at the close of business on November 10, 1999, filed as Exhibit 99.2. -2- Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibits. 99.1 Press Release, dated October 26, 1999, Regarding Shareholder Approval of Acquisition of Newcourt Credit Group Inc. 99.2 Press Release, dated October 26, 1999, Regarding Declaration of a Dividend for the Quarter Ending September 30, 1999. -3- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE CIT GROUP, INC. ------------------------------- (Registrant) By: /s/ JOSEPH M. LEONE ------------------------------- Joseph M. Leone Executive Vice President and Chief Financial Officer Dated: October 26, 1999 -4- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE CIT GROUP, INC. ------------------------------ (Registrant) By: ------------------------------ Joseph M. Leone Executive Vice President and Chief Financial Officer Dated: October 26, 1999 -4- Exhibit 99.1 [The CIT Group, Inc. Logo] Contact: Michael J. McGowan Vice President Communications Services (973) 535-3506 mmcgowan@citgroup.com FROM: THE CIT GROUP, INC. 650 CIT DRIVE LIVINGSTON, NJ 07039 FOR IMMEDIATE RELEASE THE CIT GROUP SHAREHOLDERS APPROVE ACQUISITION OF NEWCOURT CREDIT GROUP LIVINGSTON, NEW JERSEY, October 26, 1999 --- The CIT Group, Inc. (NYSE:CIT)announced today that it has received shareholder approval to complete the acquisition of Newcourt Credit Group Inc. (NYSE, TSE, MSE:NCT). CIT has already received approval to acquire Newcourt from the Federal Reserve Board and from the Minister of Finance of Canada. The acquisition is expected to close in the fourth quarter. Earlier today, Newcourt shareholders gave their approval to the acquisition. "We are pleased that CIT's shareholders are supportive of this strategic acquisition," said Albert R. Gamper, Jr., President and CEO of The CIT Group. "Our shareholders recognize the dynamics of this combination, putting CIT and Newcourt together to create the industry's largest publicly-owned commercial finance company. Our integration teams have been working diligently to effect a smooth transition and we will be in a position to immediately begin to execute our integration plans." CIT Shareholders also approved other matters at a special meeting held today. # # # Exhibit 99.2 [The CIT Group, Inc. Logo] Contact: Michael J. McGowan Vice President Communication Services (973) 535-3506 mmcgowan@citgroup.com FROM: THE CIT GROUP, INC. 1211 AVENUE OF THE AMERICAS NEW YORK, NY 10036 FOR IMMEDIATE RELEASE THE CIT GROUP, INC. DECLARES REGULAR QUARTERLY DIVIDEND LIVINGSTON, NEW JERSEY, October 26, 1999 --- The Board of Directors of The CIT Group, Inc. (NYSE:CIT) today declared a regular quarterly cash dividend of $.10 per common share for shareholders of record on November 10, 1999. The cash dividend is payable on November 30, 1999. With more than $28 billion in managed assets, The CIT Group, Inc. (http://www.citgroup.com) is one of the nation's largest commercial and consumer financing companies. Founded in 1908, the Company provides diversified financing products and services to a broad range of customers through strategically focused business units. # # # -----END PRIVACY-ENHANCED MESSAGE-----