Top New York Stories
Cendant Buys 90% of Trendwest for $1B
By Michael GilliardNEW YORK CITY-Travel and real-estate services provider Cendant Corp. trades 48.3 million of its own shares for 90% of the outstanding stock in timeshare company Trendwest Resorts Inc. Cendant will acquire the remainder of Trendwest's common stock, possibly within 30 days.
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