EU, U.S. regulators pobe online deal; Cendant's acquisition of Gallileo draws scrutiny

Article Abstract:

This article discusses the acquisition of the online travel system, Galileo International by Cendant Corp. and the investigations being conducted by the U.S. Justice Department and the European Commission. Concerns have been raised because Cendant owns and franchises several travel-service operations throughout the world.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Cendant buys eBookers in $404 million deal

Article Abstract:

Cendant Corp. has agreed to acquire ebookers PLC, one of Europe's leaders in the online travel industry for $404.3 million.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Cendant to sell travel unit to Blackstone affiliate

Article Abstract:

Cendant Corp. of the United States is to sell its Travelport travel services unit for $4.3 billion to an affiliate of Blackstone Group L.P. also of the United States. The investment company is in the process of divesting a number of its holdings.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: