Franchise Giant Mulls Buying Rosemont, Ill.-Based Information Service Galileo. From: Knight Ridder/Tribune Business News | Date: June 8, 2001 | COPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

By Jon Van, Chicago Tribune Knight Ridder/Tribune Business News

Jun. 8--Franchise giant Cendant Corp. confirmed Thursday that it was in talks to buy Rosemont-based Galileo International Inc., although some analysts questioned the long-term value of such a deal.

In a joint statement, Cendant and Galileo executives declined to discuss possible terms of a deal and said that it may not happen at all, but said that if it does, the acquisition would quickly add to C...

Related newspaper, magazine, and journal articles from HighBeam Research

	Galileo travel company in talks to be bought Rosemont firm negotiating with franchiser Cendant Corp. Chicago Sun-Times ; Cendant Corp., the New York-based franchiser of travel and other consumer businesses, is negotiating a purchase of Galileo International, the Rosemont travel-industry technology company. The companies confirmed the negotiations but released no details. Galileo's stock closed at $30.06, up 56 cents.
	Cendant Corp. to Buy Travel-Reservations Company in $2.9 Billion Deal. Knight Ridder/Tribune Business News ; ... DeMarrais, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Jun. 19--Looking to strengthen its already strong position in the travel ... Record, Hackensack, N.J. Distributed by Knight Ridder/Tribune Business News. CD, TSG, GLC, UAL,
	Cendant to eliminate 200 jobs as travel business stays slow The Record (Bergen County, NJ) ; 00-00-0000 Cendant to eliminate 200 jobs as travel business stays slow By KEVIN G. DeMARRAIS, STAFF WRITER Date: 09-25-2002, Wednesday Section: BUSINESS Edtion: All EditionsTwo Star B. Two Star P. One Star B Cendant Corp. is cutting about 200 workers at its Galileo International reservation unit as
	Cendant to buy Galileo International in $2.9 billion deal The Journal Record ; NEW YORK (AP) -- Hotel and rental car giant Cendant is buying Galileo International, the second-largest travel reservation firm, for $2.9 billion in cash and stock. Under the deal announced Monday, Cendant would control Galileo's travel reservation system, which handles 92 billion transactions a
	Cendant to cut 200 at Galileo Chicago Sun-Times ; The cuts will be mostly in the Americas region, spokeswoman Andrea Steffy said. Galileo, which Cendant bought for $3.1 billion in October, employs 2,650 worldwide. The company also split its travel services unit into six segments focusing on everything from retail services to airlines. Galileo has
	Cendant under microscope The Milwaukee Journal Sentinel ; Cendant under microscope Travel industry watches deal for signs of favoritism Associated Press Wednesday, July 4, 2001 New York -- Cendant Corp., owner of Days Inn and Super 8 hotels and Avis rental cars, got the attention of the travel industry with last month's purchase of Galileo International
	CENDANT TO BUY GALILEO TRAVEL-RESERVATIONS COMPANY FOR $2.9 BILLION.(Business) Rocky Mountain News (Denver, CO) ; Byline: David Milstead News Staff Writer Galileo International Inc. felt ``greatly underappreciated ... that usually mean a significant number of layoffs. But there's soothing news for the Denver-area employees. First, a good chunk of the savings will ...
	Galileo, Cendant Expect to Dovetail.(Cendant Corp.'s pending purchase of giant global distribution system Galileo)(Brief Article) Lodging Hospitality ; The only changes to result from Cendant Corp.'s pending purchase of giant global distribution system Galileo will be added customer benefits, say all involved. Cendant has stated that its interest in the business is to stay as is, with Galileo providing distributions, says Louise Meyer, director of
	Cendant Buys Travel-Booking Firm The Washington Post ; Hotel and rental-car giant Cendant Corp. announced today that it is buying Galileo International Inc., the second-largest travel- reservation firm, for $2.9 billion in cash and stock. Under the terms of the deal, Cendant would control Galileo's travel-reservation system, which handles 92 billion
	Cendant to buy travel-reservation system Galileo.(The Dallas Morning News) Knight Ridder/Tribune News Service ; ... 50, down 58 cents. X X X Visit The Dallas Morning News on the World Wide Web at http://www.dallasnews.com ... Information Services. (c) 2001, The Dallas Morning News. Visit The Dallas Morning News on the World Wide Web at http://www.dallasnews.com ...

See all results.