Cendant Split To 'Clarify' For Industry As Well As Wall St.

Cendant's Travel Distribution Services division next summer will get its own corporate identity as a publicly traded business, according to plans announced today that will also transform Cendant's hotel, car-rental and real estate units into standalone companies. Until a new name is chosen, the distribution business will be known as Travel Network Group.

The article you have accessed is premium content and available only to our paid subscribers.