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New York

Cendant sells travel division for $4.3B

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Cendant, the corporate parent of brokerages like the Corcoran Group and Sotheby’s International Realty, announced Thursday it has sold its travel services division to an affiliate of the Blackstone Group. The division, which includes Days Inn and Orbitz.com, sold for $4.3 billion in cash. more [Crain’s]