NEW YORK— Cendant Corp. said on August 24 the stock exchange ratio for its $2.9 billion stock and cash takeover of Galileo International will provide Galileo shareholders with 1.328 shares of Cendant common stock for each share of Galileo stock they hold. The New York-based company said it had yet to determine the cash part of the deal. As previously reported, Cendant announced in June that it would acquire Galileo, the worlds No. 2 travel reservation network company, in a bid to bolster its travel operations. SOURCE: Reuters
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