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Cendant acquires Gullivers Travel Associates

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Published on 04/01/05 - Updated on 17/03/22

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Cendant Corporation has agreed to acquire privately held, UK based Gullivers Travel Associates, the trading name of Donvand Ltd., and Octopus Travel Group Ltd. for approximately $1.1 billion in cash. Gullivers Travel Associates is a leading wholesaler of hotels, destination services, travel packages...

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