Cendant Splits
October 24, 2005 | 11:07 a.m.
Just a few days after Barbara's big going away party, Cendant Corp. announced it it is splitting the company into four parts. Shares fell nearly 5 percent since word got out this morning. The company's real-estate division, NRT, bought the Corcoran Group in 2001 for $70 million. It recently combined it with the Sunshine Group, which had been purchased 15 years earlier. The real estate powerhouse also owns Century 21, Coldwell Banker, and ERA. -Michael Calderone
- More:
- Real Estate |
- Avis Budget Group Inc. |
- Century 21 Real Estate LLC |
- Coldwell Banker Real Estate Corporation |
- Corcoran Group |
- The Real Estate



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