Travel News Archive

• 'Cendant to put travel unit up for sale: report (Reuters via Yahoo! News)
Cendant Corp. is planning to put its travel business, which includes Orbitz, CheapTickets.com and Galileo International, up for sale on Monday in a deal that could be worth more than $4 billion, the New York Times said.
• 'Cendant May Sell Travel Division Amid Buyer Interest (Update5) (Bloomberg.com)
April 24 (Bloomberg) -- Cendant Corp. may sell the travel business that includes Orbitz, CheapTickets.com and Galileo, in a deal that could fetch as much as $4 billion.
• 'Cendant May Sell Travel Division Amid Buyer Interest (Update4) (Bloomberg.com)
April 24 (Bloomberg) -- Cendant Corp. said it may sell the travel business that includes Orbitz, CheapTickets.com and Galileo after several buyers expressed interest.
• 'Cendant prepares plan to sell its travel unit (International Herald Tribune)
Cendant was planning to put its travel business, which includes Orbitz, CheapTickets.com and Galileo International, up for sale Monday, according to people briefed on the company's plans.
• 'Cendant May Put Travel Unit Up for Sale (New York Times)
Cendant's travel business includes Orbitz, CheapTickets.com and Galileo International, and may sell for more than $4 billion.
• 'Cendant exploring sale of travel services unit (Reuters via Yahoo! News)
Cendant Corp. said on Monday it is considering a sale of its travel services division, including the Orbitz and CheapTickets Web sites, to help pay down debt, as an alternative to a planned spinoff.
• 'Cendant says to explore sale of travel unit (Reuters via Yahoo! News)
Cendant Corp. said on Monday that it would consider selling its travel distribution services division to help pay down debt, as an alternative to a planned spinoff of the company in October.
• 'Cendant Weighs Offers for Travel Unit (AP via Yahoo! News)
Cendant Corp. has received unsolicited offers for its Travel Distribution Services division, which includes the Orbitz Web site and other businesses, and said Monday it will consider selling the unit instead of spinning it off.
• 'Cendant May Sell Travel Division Amid Buyer Interest (Update6) (Bloomberg.com)
April 24 (Bloomberg) -- Cendant Corp., backing away from a plan to split into four companies, may sell the travel unit that includes CheapTickets.com.
• 'Cendant exploring sale of its travel unit (Reuters via Yahoo! News)
Cendant Corp. said on Monday that it is considering selling its travel services division, known for the Orbitz and CheapTickets.com Web sites, to help pay down debt, as an alternative to a spinoff planned for October.

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