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United States
USA

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Orbitz, 11/04 $1.25B

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Cendant

Cendant Corporation was a New York-based provider of business and consumer services, primarily within the real estate and travel industries

On October 2005, Cendant announced its decision to split into four separate companies, citing a necessity to diversify in appealing to stockholders and in an attempt to increase the value of the post-split up company. These four categories include real estate, travel distribution, hospitality and vehicle rental companies.

Milestones

  • Acquired Orbitz for $1.25B. (11/1/04)
    Posted 8/23/07 at 7:06am

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Last Edited 10/23/09

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