The two companies jointly formed the Cendant Corporation with more than 40, 000 employees and operations in over 100 countries.

Entrepreneur and business executive alumni include Safra Catz ( President of Oracle Corporation ), David L. Cohen ( executive Vice-President of Comcast and former Chief of Staff to Philadelphia Mayor Ed Rendell, Scott Mead, former partner and managing director of Goldman Sachs, Peter Detkin ( co-founder of Intellectual Ventures, and former Vice-President and assistant general counsel at Intel ), Paul Haaga ( Vice Chairman of Capital Research and Management Company, a constituent company of the Capital Group Companies ), Sam Hamadeh ( founder of Vault. com ), Edward Benjamin Shils ( professor and founder of the first research center for entrepreneurial studies in the world ( at Wharton )), Gigi Sohn ( founder of Public Knowledge ), and Henry Silverman ( CEO of Cendant Corporation ).

Over Kremen's objections, match. com was sold to Cendant Corporation for $ 7 million in 1998, and sold by Cendant to Ticketmaster a year and a half later for $ 50 million, with Kremen retaining a lifetime account on match. com.

On September 29, 2004, Orbitz was acquired for $ 1. 25 billion by New York City-based Cendant Corporation.

* Avis Budget Group, founded in 2006 as the successor company to Cendant Corporation

Silverman would ultimately leave Blackstone to serve as CEO of HFS, which would later become Cendant Corporation.

Cendant Corporation was a New York-based provider of business and consumer services, primarily within the real estate and travel industries.

The $ 14 billion merger of HFS and CUC resulted in the formation of Cendant Corporation, which was formed in December 1997.

On October 23, 2005, Cendant Corporation announced its decision to split into four separate companies, citing a necessity to diversify in appealing to stockholders and in an attempt to increase the value of the post-split up company.

* Walter Forbes-Conviction of former chairman of Cendant Corporation for fraud.

In the late 1990s Ramada was sold to Cendant Corporation of New York City.

Founded in 1989 by ( now ) Arlington Hospitality, the franchise rights were sold to Cendant Corporation at the end of the 1990s.

On October 23, 2005, Cendant Corporation announced its decision to split into four separate companies: Realogy, Travelport, Wyndham Worldwide and Avis Budget Group.

In 2002, it sold the company's assets to Cendant Corporation, which also owned Avis and in September 2006, Cendant Corporation separated into four independent companies.

Articles related to brands owned by Cendant Corporation.

Cendant Corporation changed their name to Wyndham Worldwide after purchasing the Wyndham family of hotels in 2006.

As irregularities in the books of Cendant were discovered in early 1998, an audit committee set up by Cendant's Board of Directors launched an investigation and discovered that the former management team of CUC, including its top executives Walter Forbes and Kirk Shelton, had been fraudulently preparing false business statements for several years.

With the news of the accounting fraud, Cendant announced its intention to sell off its entire computer entertainment division.

On November 20, 1998, Cendant announced the sale of its entire consumer software division to Paris-based Havas S. A. With this sale, Sierra became a part of Havas Interactive, the interactive entertainment division of the company.

In June 2006, The Blackstone Group, entered into a definitive agreement with Cendant Corp to acquire Travelport, its travel distribution services business for about $ 4. 3B in cash, a significant reduction in value to the original acquisition prices of the individual companies.

In 2005 and 2006, Cendant broke up and spun off or sold its constituent businesses.

Cendant originally decided to spin off its Travel Distribution division as a separate company called Travelport, but on June 30, 2006, Cendant announced the sale of Travelport to an affiliate of the privately held Blackstone Group for $ 4. 3 Billion.

The company changed its name to Avis Budget Group and the Cendant name has been completely retired.

Marriott International owned Ramada International Hotels & Resorts until its sale on September 15, 2004 to Cendant.

In 2006, Cendant spun off its hotel operations, including Ramada, to Wyndham Worldwide.

After the merger, Cendant retained its core business as a direct marketer and thereafter also specialized in Hotel Franchises, Car Rentals, Travel agencies, and its consumer software operations, Cendant Software.

On April 16, 1998, less than one year after the new brand was introduced, Cendant disclosed that for about a decade prior to the merger, CUC had fraudulently overstated its income by over US $ 500 million.

In 2006, following the Travelport sale, Cendant, now composed solely of its vehicle rental services businesses, renamed itself Avis Budget Group.

Cendant spun off in 2006, and Century 21 Real Estate LLC now operates under its real estate franchise branch, Realogy.

Prior to Idealab, he founded GNP Loudspeakers ( now GNP Audio Video ), an audio equipment manufacturer ; GNP Development Inc., acquired by Lotus Software ; and Knowledge Adventure, an educational software company, later acquired by Cendant.

He founded GNP Loudspeakers ( now GNP Audio Video ), an audio equipment manufacturer ; GNP Development Inc., acquired by Lotus Software ; Knowledge Adventure, an educational software company, later acquired by Cendant ; and the business incubator Idealab in March, 1996, of which he serves as Chairman of the Board and Chief Executive Officer.

In the 1950s, Lederer was president of the Autopoint Company in Chicago ; later he became a co-founder of Budget Rent a Car, now a unit of Cendant.

In 2006, Cendant sold itself off and HFSI became part ofWyndham Worldwide.

In 2006 Cendant sold them to La Mancha Group LLC.

On July 31 of 2006, both the Cendant Real Estate division as well as the Cendant Hospitality division were spun off and became separate companies under the names Realogy and Wyndham Worldwide, respectively.

In 2006, the hotels and hospitality divisions of Cendant were spun off into Wyndham Worldwide.

In 2006 Cendant ( now Wyndham Worldwide ) announced that all Amerihost Inns would be rebranded as Baymont Inns.

It is a former wholly owned subsidiary of Travelport, itself the former travel arm of Cendant, which was bought in October 2006 by an affiliate of Blackstone Partners.

With these rights maintained, they changed their name to " Howard Johnson International Incorporated ," which became a subsidiary of " Hospitality Franchise Systems Incorporated ," which eventually merged with other companies to form Cendant.

The Cendant Car Rental Group, which owns Avis, Budget Rent A Car and Budget Truck Rental rental companies, became the sole remaining company under the Cendant name.

He currently sits on the board of directors of multiple corporations, including Barrick Gold, Quebecor Inc., Archer Daniels Midland, TrizecHahn Corp. ( Toronto ), Cendant Corp. ( New York ), AOL Latin America, Inc. ( New York ) and Cognicase Inc. ( Montreal ).

Cendant Software, composed of Sierra, Davidson & Associates ( including Blizzard Entertainment ), Knowledge Adventure and Gryphon Software, was sold in 1998 to French publisher Havas, which then merged with Vivendi, which then merged with Activision.