Business
Autos: Wall Street indicates its concern over debt-assumption aspect of $1.8-billion deal as rental car firm’s stock tumbles.
May 25, 1999
Cendant Corp., the largest U.S. travel and real estate services company, will ask shareholders to approve a plan requiring annual reelection of directors and said attendance at board meetings would be mandatory as it seeks to strengthen corporate governance.
Jan. 6, 2004
Walter Forbes gets a prison term of more than 12 years and must pay $3.275 billion in a securities fraud case.
Jan. 18, 2007
The conglomerate will split into four separate companies, each focusing on a single area.
Oct. 25, 2005
The California State Teachers’ Retirement System expands its existing lawsuit against Homestore and its former executives.
Nov. 16, 2002
Ticketmaster today is expected to announce a multiyear marketing partnership with Cendant Corp., a direct marketing and travel services corporation that owns the Avis car rental company and a number of hotel chains, including Days Inn, Howard Johnson and Ramada.
Feb. 11, 1998
Accounting: Firm agrees to settle with Cendant shareholders to resolve dispute over alleged errors in financial statements of predecessor company.
Dec. 18, 1999
The scope of reforms coming to the U.S. corporate regulatory system could be greater than any seen in the six decades since passage of the first securities laws and the creation of the Securities and Exchange Commission.
April 7, 2002
Class action: According to preliminary pact, firm would pay $2.83 billion to CalPERS and other investors to resolve accounting-irregularities case.
Dec. 8, 1999
Cendant Corp.
Aug. 9, 1998