Cendant opts out of travel

May 2006
Travel Trade;5/3/2006, p10
Trade Publication
The article reports that Cendant wants to auction off its travel division, which includes CheapTickets, Galileo and Orbitz, in a deal that could raise more than $4 billion for the company. The company has previously planned to break up the Cendant Travel Distribution Services into four separate publicly listed companies, but this was not well received by the U.S. market.


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