TITLE

Avis owner to acquire fleet management firm

AUTHOR(S)
Wernle, Bradford
PUB. DATE
November 1996
SOURCE
Automotive News;11/18/1996, Vol. 71 Issue 5687, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that HFS Incorporated, owner of Avis Rent A Car, has agreed to acquire PHH Corporation. How the purchase would benefit HFS; Number of vehicles bought by PHH on a yearly basis; How PHH operates.
ACCESSION #
9612093639

 

Related Articles

  • PHH, answering rumors, says relocation unit isn't for sale. Timmons, Heather // American Banker;9/3/1996, Vol. 161 Issue 168, p12 

    Reports on the PHH Corp.'s denial of rumors that it might sell its relocation business. Speculations regarding HFS Inc.'s alleged interest in PHH's relocation unit; Background on the two companies; Changes made by PHH in its relocation business.

  • Deal would create nationwide firm able to both sell and finance homes. La Monica, Paul R. // American Banker;11/13/1996, Vol. 161 Issue 218, p1 

    Discusses the consequences of the merger between PHH Corp. and HFS Inc. Mortgage products at the point of sale of Century 21 customers; Combination of the relocation businesses PHH and HFS's Coldwell Banker; Addition of HFS's Avis rental car unit to PHH's vehicle management subsidiary.

  • HFS chief insists that deal to buy PHH is on schedule. Timmons, Heather // American Banker;4/8/1997, Vol. 162 Issue 66, p10 

    Reports that the merger between HFS Inc. and PHH Corp. is on track for its April 30, 1997 wrap up. HFS chief executive Henry Silverman's denial of reports regarding his intention to leave the company; Estimation of cost savings after the merger; Selling of PHH's Baltimore corporate headquarters.

  • Exchange ratio set in HFS Inc.-PHH stock swap deal.  // American Banker;4/24/1997, Vol. 162 Issue 78, p10 

    Focuses on HFS Inc.'s closing of the pricing period for determining the exchange ratio of its shares for PHH Corp. shares in connection with the proposed acquisition of PHH.

  • ...and real estate franchiser HFS aims for top tier of mortgage banking. Talley, Karen // American Banker;2/27/1997, Vol. 162 Issue 39, p1 

    Reports on plans of hotel and realty franchiser HFS Inc. to offer loans to homebuyers at the reality offices after its acquisition of PHH Corp. Reasons for separating with lending partner PNC Mortgage Corp.; Estimated mortgage volume that the realty program of HFS could produce; Comment on the...

  • HFS, about to buy PHH, sees record profit for quarter. Jones, Dow // American Banker;3/19/1997, Vol. 162 Issue 53, p7 

    Reveals the expected 1997 first quarter results of the HFS Inc. Plans to purchase PHH Corp.; Predicted earnings per share; Franchises of the company.

  • HFS passes room threshold.  // Lodging Hospitality;June97, Vol. 53 Issue 6, p12 

    Looks at the Hospitality Division of HFS Incorporated. Number of properties and rooms owned by the Division; Details on the opening of the Wingate Inn in Las Colinas, Texas; Information on the other divisions under HFS.

  • Multiple chains win big for HFS. Murphy, H. Lee // Franchise Times;Oct96, Vol. 2 Issue 6, p4 

    Focuses on the success of hotel company HFS Incorporated. Company background; Financial performance; Financial holdings; Company growth.

  • Inside HFS.  // Lodging Hospitality;Apr97, Vol. 53 Issue 4, p24 

    Profiles the hotel business of HFS Inc. Proofs of the company's rapid growth in the 1990s; Distinction of the company as the largest in the industry; Synergy and service emphasized in the company's management practices; Work demand from the company's employees. INSETS: Opportunity and...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics