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CIT GROUP INC FILES (8-K) Disclosing Other Events, Financial Statements and Exhibits

August 4, 2014

Item 8.01. Other Events.

On August 4, 2014, CIT Group Inc. (the "Company") announced that the Company had completed its acquisition of Capital Direct Group, Inc. and its wholly owned subsidiary Direct Capital Corporation (together, "Direct Capital"), a provider of financing to small and mid-sized businesses. Direct Capital is based in Portsmouth, New Hampshire. The press release is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press release issued by CIT Group Inc. on August 4, 2014 reporting the

completion of its acquisition of Direct Capital Corporation. Forward-Looking Statements

This Current Report on Form 8-K and the Exhibits attached hereto contain "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon our current expectations and assumptions concerning future events, which are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. All statements contained in this document that are not clearly historical in nature are forward-looking, and the words "expect," "anticipate," "estimate," "forecast," "initiative," "objective," "plan," "goal," "project," "outlook," "priorities," "target," "intend," "evaluate," "pursue," "commence," "seek," "may," "would," "could," "should," "believe," "potential," "continue," or the negative of any of those words or similar expressions are intended to identify forward-looking statements. While these statements represent our current judgment on what the future may hold, and we believe these judgments are reasonable, these statements are not guarantees of any events or financial results, and our actual results may differ materially. Economic, business, funding market, competitive and/or regulatory factors, among others, affecting CIT's businesses are examples of factors that could cause actual results to differ materially from those described in the forward-looking statements. More detailed information about these factors and other risks that could affect our results are described in CIT's filings with the Securities and Exchange Commission, including in Item 1A, "Risk Factor," of our Annual Report on Form 10-K for the year ended December 31, 2013. These forward looking statements speak only as of the date on which the statements were made. CIT undertakes no obligation to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.


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Source: Edgar Glimpses

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