Monday, December 18, 2006

Former Cendant Parts Wyndhan (WYN) and Avis Budget (CAR) Higher Following Realogy Buyout

Spin-offs of the former Cendant, Wyndhan (NYSE: WYN) and Avis Budget Group, Inc. (NYSE: CAR), are seeing interest today following the private equity buyout of Realogy Corporation (NYSE: H), another piece of the former Cendant.

Talk on the street is private equity firms are also crunching the numbers on takeovers of these former Cendant units.

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