Cendant nears decision for marketing unit sale

07/18/2005 | Financial Times (tiered subscription model)

The sale of Cendant's marketing unit could be near, and analysts suspect the private equity group Apollo Management is the most likely buyer. The sale is part of Cendant's restructuring to focus more on its core businesses, such as Avis car rental, the hotel chains Howard Johnson and Ramada and online travel agents Orbitz and Ebookers.

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