NEW YORK— Cendant Corp. reiterated that Chairman/President/ Chief Executive Henry Silverman has increased his ownership of its common stock to 8 million shares from 6.85 million shares. Cendant said in October Silverman exercised 3.5 million options, sold 2.35 million of the underlying shares, and used the proceeds to retain 1.15 million shares and pay the exercise price and taxes. SOURCE: Reuters
Previous ArticleBelmonte Resigns From Top Post At Ramada
Next Article Vegas Casino Shuts Down; May Be Redeveloped