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Orbitz, CheapTickets travel to new owner

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Other Tech News The latest community based technology news from across the globe. (If you aren't a community newsposter then use the "Submit News" section.)

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Old Jun 30, 2006, 11:30 PM   #1
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Orbitz, CheapTickets travel to new owner
Source: News.com
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Cendant said Friday that it is selling its travel business, including Orbitz, to the Blackstone Group for approximately $4.3 billion in cash.

Cendant's travel business, known as Travelport, will continue to be headed by former Computer Associates and Hewlett-Packard executive Jeff Clarke.
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