Cendant Break Up

Conglomerate Reverses Field; Plans Breakup – New York Times:

What’s striking to me in this breakup, is the choice of company that Henry Silverman has chosen to lead – travel distribution. While I’m certainly not privy to what led to this choice, it seems significant in that it tells me he must consider it the most dynamic part of the conglomerate with the highest future growth potential.

It will be interesting to follow the strategy they develop in the marketplace, competing against Travelocity and Expedia. Who knows, more mergers in this space might be on the horizon!