Cendant To Buy Gullivers Travel For $1.1 Billion

Cendant Corp. last week signed a deal to acquire privately held, U.K.-based Gullivers Travel Associates for about $1.1 billion in cash, becoming the latest in a series of acquisitions by the company in recent months. Gullivers operates under the trading name of Donvand Ltd., and Octopus Travel Group...

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