Coldwell Banker Sale Agreement Reported : Real Estate Acquisition

HFS Inc., which last year acquired Century 21, is purchasing Coldwell Banker for about $700 million. Details on the two companies:

HFS Inc.

Business: Real estate investments

Headquarters: Parsippany, N.J.

President/CEO: Henry Silverman

Employees: More than 103,000

Franchises: 4,400 Days Inn, Howard Johnson, Park Inn, Ramada, Super 8 and Villager Lodge hotels

1995 sales: $361 million

****

Coldwell Banker Corp.

Business: Residential real estate broker

Headquarters: Mission Viejo

President/CEO: Chandler B. Barton

Employees and Sales Associates: 55,159

Offices: 2,453

Parent Company: Fremont Group

****

Century 21 Real Estate Corp.

Business: Residential real estate broker

Headquarters: Parsippany, N.J.; formerly Irvine

President/CEO: Robert W. Pittman

Employees and Sales Associates: More than 60,000

Offices: 6,000 worldwide

Parent Company: HFS Inc.

Source: Times reports

Researched by JANICE L. JONES / Los Angeles Times