In the descendant

22 December 2006 By Rob Cox

Henry Silverman s splintering of the hydraheaded conglomerate over the year has resulted in lots of corporate finance fun on Wall Street. But Cendant s pieces are now worth $6bn less than when he started. The breakup revealed the flaws in the underlying business.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)