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3//SEC Filing

EDUCATION LENDING GROUP INC 3

Accession 0000891092-05-000352

CIK 0001103313operating

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 5:04 PM ET

Size

7.5 KB

Accession

0000891092-05-000352

Insider Transaction Report

Form 3
Period: 2005-02-14
CIT GROUP INC
10% Owner
Holdings
  • Common Stock, par value $0.001 per share

    17,342,624
  • Common Stock, par value $0.001 per share

    (indirect: Owned indirectly by CIT Group Inc. through its wholly owned subsidiary CIT ELG Corporation.)
    17,342,624
CIT ELG CORP
10% Owner
Holdings
  • Common Stock, par value $0.001 per share

    17,342,624
  • Common Stock, par value $0.001 per share

    (indirect: Owned indirectly by CIT Group Inc. through its wholly owned subsidiary CIT ELG Corporation.)
    17,342,624
Footnotes (1)
  • [F1]Pursuant to the offer by CIT ELG Corporation, a Delaware corporation ("Purchaser") and a wholly owned subsidiary of CIT Group Inc., a Delaware corporation ("Parent"), to purchase all outstanding shares of common stock, par value $0.001 per share, of Education Lending Group, Inc., a Delaware corporation (the "Company"), including the associated preferred share purchase rights issued pursuant to the Rights Agreement, dated January 4, 2005, between the Company and American Stock Transfer & Trust Company, as rights agent (together, the "Shares" ), at a purchase price of $19.05 per Share, net to the seller in cash, on February 14, 2005, Purchaser acquired 17,342,624 Shares, representing approximately 96% of Company's outstanding Shares. On February 17, 2005, Parent completed the acquisition of the Company through a merger of Purchaser with and into the Company, with the Company as the surviving corporation.

Documents

1 file

Issuer

EDUCATION LENDING GROUP INC

CIK 0001103313

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001103313

Filing Metadata

Form type
3
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 5:04 PM ET
Size
7.5 KB