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Non-Tech : Cendant Corporation (NYSE:CD)
CD 5.710-5.3%Dec 26 9:30 AM EST

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From: Carey Thompson8/4/2006 1:31:52 PM
   of 3627
 
News on the Cendant spin offs.

Message 22687229

yahoo.reuters.com

NEW YORK, July 31 (Reuters) - Cendant Corp. (CD.N: Quote, Profile, Research) said on Monday it has completed the spin-offs of real estate unit Realogy Corp. (H.N: Quote, Profile, Research) and hotel subsidiary Wyndham Worldwide Corp. (WYN.N: Quote, Profile, Research).

Cendant said it has distributed all the stock of Realogy and Wyndham Worldwide to Cendant stockholders as of July 21, 2006.

Cendant said in October it would break itself into four companies dealing in travel, real estate, hotels and car rentals. Last month, Cendant agreed to sell -- instead of spin off -- its Travelport travel services division to an affiliate of private equity firm the Blackstone Group for about $4.3 billion in cash.
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