Tuesday, October 25, 2005

Cendant Splits Up

The owners of Coldwell Banker, Century 21, Coldwell Banker Commercial, ERA and Sootheby's International realty are splitting their company into four publicly independant traded parts.

The company will be split into Real Estate, Travel, Hospitality, and Car Rentals and the Cendant name will retire. This move is expected to increase shareholder value and should be of no consequence to day to day operations of the company.



At 8:42 AM, Anonymous Anonymous said...

This is the type of info that should be in CB weekly, don't you think?

At 2:18 PM, Blogger Sara MacLennan said...

Looks like someone is listening... they published this same article in this week's CB Weekly.


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