Sentences with phrase «cuc international»
An $ 11 billion merger is pending with Stamford, Conn. — based CUC International Inc., which would add that company's discount shopping clubs to HFS units.
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The story examines Silverman's attempts to re-establish Cendant's profitability, reputation, and market evaluation following its April 1998 disclosure of «financial irregularities» in the CUC International unit of the company, which was merged with HFS only a few months earlier to form Cendant.
Meanwhile, CUC International announced a strategic investment in NetGrocer Inc., the only nationwide online grocery service that delivers household products such as nonperishable food, cleaning supplies, paper goods, and baby products at or below retail supermarket prices.
Two former executives of the CUC International Corp. of Stamford, Conn., are facing additional changes that relate back to their alleged inflation of their company's financial condition when it merged with HFS Inc., three years ago to form Cendant Corp..
I believe the people responsible for the criminal acts committed at the former CUC International will eventually be identified through active investigations currently under way by various federal agencies.»
CUC International Inc. acquires Match.com from Electric Classifieds.