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In June 2004, Cendant sold Jackson Hewitt for $638 million through an initial public offering. [47] 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 ...
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.
Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey.It is the parent company of several brands including Avis Car Rental, [3] Budget Rent a Car, [4] Budget Truck Rental, Payless Car Rental, and Zipcar.
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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 ...
Ozy Media founder Carlos Watson was sentenced on Monday to nearly 10 years in prison, after a jury found him guilty in July of lying to investors about the now-defunct startup's finances and sham ...
In August 1997, Cendant and Apollo Management formed the current company – NRT LLC. The joint venture operation was established to allow greater acquisition growth. [ 2 ] Acquisitions were subsequently made in 1997 in Northern and Southern California as well as in Cincinnati , Ohio .
Blake Lively could be headed to trial over the claims made in her sexual harassment complaint against Justin Baldoni, a legal expert tells PEOPLE.. According to Gregory Doll, who is a partner at ...
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