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On February 1, 2005, as a result of a Cendant spin-off, PHH began operating as an independent, publicly traded company under the stock symbol NYSE: PHH. On July 1, 2014, all issued and outstanding equity interests in their Fleet Management Services business and related fleet entities were sold to Element Financial Corporation , for a purchase ...
In January 2005, Cendant spun off its mortgage and fleet management businesses as PHH Corporation. [48] [49] The next month, Cendant sold its Wright Express division, a provider of fleet cards, for $1.03 billion through an initial public offering. [50] In October 2005, Cendant sold its marketing services division, including its membership ...
As a partner in the firm, he went on to specialize in complex commercial and securities litigation, and was a principal author of the Audit Committee Report for Cendant Corporation (at the time, the most massive fraud in American corporate history); the New York Times called the report a definitive case study in the area of accounting ...
A Southern California business owner convinced victims to invest in his companies, claiming he could detect Covid-19 based on video, and then made lavish purchases, prosecutors said.
Nearly one year ago, I made four predictions about the stock market in 2024. The Fed indeed cut rates in Q4, but stocks didn't jump as much as I anticipated. Here are my five predictions for the ...
But the Arkansas case wasn’t the J&J lawyers’ top concern that day. They were more worried, according to one company lawyer, about a brief that Boston federal prosecutors had just filed with a judge contesting the company’s refusal to make Alex Gorsky available for a deposition in its civil suit over the Risperdal/Omnicare nursing home case.
Henry R. Silverman (born August 1, 1940) is an American entrepreneur and private equity investor. Silverman is best known for his role in building Cendant Corporation into a multibillion-dollar business services company that provided car rentals, travel reservation services as well as real estate brokerage services and was also the largest franchisor of hotels globally.
Police say Wolfe was found dead from multiple gunshot wounds in an apartment in North Las Vegas, Nev., on Dec. 21, according to reports from the Las Vegas Review-Journal, KSNV and Fox 5.