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Transactions

Sep. 5, 2001

Skadden Arps: CENDANT SIGNS DEAL TO PAY MILLIONS FOR CHEAP TICKETS

New York's hotel and rental car franchiser Cendant Corp. has agreed to buy Honolulu-based Cheap Tickets Inc. The cash deal is worth $425 million.

        New York's hotel and rental car franchiser Cendant Corp. has agreed to buy Honolulu-based Cheap Tickets Inc. The cash deal is worth $425 million.
        Cendant is a hotel franchiser with locations under the Days Inn and Super 8 brands, among others. The company also owns Avis Group Holdings and timeshare resorts, such as Resort Condominiums International. Cendant Real Estate Franchise...

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