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Cendant likely to sell Travelport division

Cheap Registras Cendant has stated that it is pursuing an alternative plan to sell Travelport, rather than spin it off, making a sale of Travelport the more likely alternative.

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Name Com According to reports, buyout firms Bain Capital, Texas Pacific Group and Apollo Management are bidding for the division in what could be a $4.5 billion transaction.

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Godaddy Travelport includes Orbitz, Galileo, CheapTickets, eBookers, Gullivers Travel Associates.

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Parked Com If it is acquired, the company expects the net proceeds fund to go to Realogy and Wyndham Worldwide, which would repay Cendant's corporate debt.

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Domain Porfolios After the spin-offs of Realogy and Wyndham Worldwide, which are now expected to occur simultaneously in mid-July, and upon the sale or spin-off of Travelport, Cendant will be a separate publicly held company and will operate its Avis and Budget vehicle rental operations as Avis Budget Group, Inc.

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Domains For Sale Cendant first announced its plans to spin off Travelport into a public company in October.

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