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Old Sep 30, 2004 | 10:14 am
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Cendant to buy Orbitz for $1.25B

Franchise-and-travel giant Cendant (CD) said Wednesday it will buy online travel agent Orbitz (ORBZ) in a deal estimated at $1.25 billion, making it the No. 2 online travel agency behind Expedia.

http://www.usatoday.com/travel/news/...t-orbitz_x.htm
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