Morris Corporate Center III, 400 Interpace Pkwy., Bldg. A,
Parsippany, NJ, 7054,
USA.
An announcement today by Cendant Corporation (NYSE: CD) that it has agreed to sell its travel distribution services subsidiary; Travelport; to an affiliate of The Blackstone Group; marked Travelport's prominence as one of the world's largest and most geographically dispersed competitors in the $6 trillion global travel industry.
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