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Technology Stocks : The Learning Company (TLC)

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To: ken rosenblood who wrote (5240)	7/28/1998 12:04:00 PM
From: Thomas C. Donald	Read Replies (1) of 6318

Ken: Here are the first two paragraphs of an article mentioning the possibility that CD would be willing to sell some of its non-core assets. I don't have a written reference specifically to Knowledge Adventure. --------------------------------------------------------------------- Cendant (NYSE:CD) says open to offers for assets sale Reuters, Tuesday, July 14, 1998 at 18:01 By Brendan Intindola NEW YORK, July 14 (Reuters) - Cendant Corp. chief executive Henry Silverman said in a conference call Tuesday the company will entertain unsolicited offers for assets not considered core operations, a reversal of Cendant's recent swift growth via acquisitions, participants in the call said. The conference call, held to detail the preliminary findings of the company's probe of accounting fraud and errors at the former CUC International, which merged last December with HFS Inc in an $11 billion deal creating marketing and franchising giant Cendant.

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