Cendant will buy travel company for $425 million

Article Abstract:

Cendant Corp. has reached a deal to acquire Cheap Tickets Inc. for $425 million (475.4 million euros). The bid comes out to $16.50 per share.

Cheap Tickets Inc.

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Cendant bolsters its travel arm with $1.1 billion buy of Donvand

Article Abstract:

Cendant Corp. acquires Donvand Ltd. travel agents for $1.1 billion.

author: Chittum, Ryan
Investment Offices, Investment Companies, Open-End Investment Funds, Investment Funds & Trusts, Company acquisition/merger, Donvand Ltd.

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Cendant ends deal to buy Royal Automobile Club

Article Abstract:

Cendant Corp. is terminating its deal to acquire Royal Automobile Club Ltd. for approximately 450 million pound sterling ($735.9 million). The move was Cendant's third withdrawal from a deal in recent months. The company said it was terminating the deal because the Secretary of State for Trade and Industry in Great Britain directed Cendant to give up its Green Flag breakdown assistance business.

Comment:

Cendant terminating deal to acquire Royal Automobile Club for approx 450 mil pound sterling ($735.9 mil)

author: Conklin, J.C.
Foreign operations, Automotive services, not elsewhere classified, Auto Services ex Repair & Wash, All Other Automotive Repair and Maintenance, Financial services industry, Financial services, Abstract, Automobile services industry, Automotive services industry, Royal Automobile Club Ltd.

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subjects list: United States, Mergers, acquisitions and divestments, Investment companies, Patent licensing, CD, Avis Budget Group Inc., United Kingdom
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