French utility company Vivendi acquires Cendant Software for $985M in move to enter U.S. market

November 1998
Electronic Education Report;11/25/98, Vol. 5 Issue 22, p1
Trade Publication
Announces the sale of Cendant Corp.'s Torrance, California-based software unit for $985 million to French water utility company Vivendi in Paris. Reason for the water utility firm's decision to acquire the unit; Background information about the company; Terms of the deal.


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