Cendant to Buy Web Travel Site Orbitz for $1.25 Bln
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Cendant Corp., the world&#39;s largest hotel franchiser, agreed to buy Internet travel agency Orbitz Inc. for $1.25 billion to sell more travel packages online.
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Hotel franchisor Cendant Corp. agreed to buy online travel company Orbitz Inc. for about $1.25 billion. The $27.50 a share cash offer, which has been approved by boards of both companies but still needs regulatory
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The Cendant Corp., which owns Avis car rental and the Days Inn hotel chain, is close to a deal to buy Orbitz, the online travel service controlled by an alliance of airlines, for about
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Travel and real estate heavyweight  Cendant Corp. CD.N said on Wednesday it will buy travel Web  site Orbitz Inc. ORBZ.O for about $1.25 billion, making it  the No. 2 online travel agency.
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Source says travel and real estate giant is close to reaching agreement to acquire travel Web site. PHILADELPHIA  - Travel and real estate company Cendant Corp.
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Online travel agency, which had one of the hottest IPO&#39;s of 2003, meets 12 cents per share target. CHICAGO  - Orbitz Inc.
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Travel and real estate company Cendant Corp.  is close to an agreement to buy online travel site Orbitz Inc.  for about &#36;1.2 billion in cash, a source close to the talks said on Tuesday.
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New York-based Cendant Corp. Wednesday said it will buy online travel company Orbitz Inc. for $1.25 billion in cash. The real estate and travel services firm will pay $27.
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Dallas-based Ashford Hospitality Trust Inc. (NYSE: AHT ) is buying a 21-property, 4,094-room hotel portfolio for $250 million, including assumed debt.
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Travel, lodging and real estate  services company Cendant Corp. CD.N on Monday posted higher   earnings in the fourth quarter on a strong performance in the  company's real estate and travel units.
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The company behind the Madame Tussauds and London Eye tourist attractions is bought in a Â£1bn deal.
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New service will compete with sites like Travelocity.com and Expedia.
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SAN FRANCISCO (CBS.MW) - Speculation that consolidation will sweep through the online travel industry ignited a buying spree in shares of Internet travel sites.
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Global Tower Partners, a U.S. wireless  tower operator, is to be bought by a consortium of  infrastructure funds managed by members of Australia&#39;s  Macquarie Group in a deal valued at $1.4 billion.
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Cendant Corp., the world&#39;s largest hotel franchiser, agreed to buy Internet travel agency Orbitz Inc. for $1.25 billion, becoming the second-biggest competitor in the online travel market.
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Cendant, the holding company that owns the Avis car rental firm and Ramada hotels, announced plans to acquire British-based online travel group ebookers for 404.3 million dollars.
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Cendant Corp., which owns Days Inn hotels and Avis Rent A Car Systems Inc., agreed to buy the UK&#39;s Gullivers Travel Associates and Octopus Travel Group Ltd.