Cendant Sells Travel Division To Blackstone Group For $4.3B
Cendant Corp. on Friday signed a deal to sell its travel distribution services subsidiary to The Blackstone Group for about $4.3 billion in cash, which will help Cendant pay off some debt and give the travel companies flexibility to grow. Cendant said the deal could close as early as next month...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
