SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Form 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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July 16, 1999 (July 15, 1999)
(Date of Report (date of earliest event reported))
Cendant Corporation
(Exact name of Registrant as specified in its charter)
Delaware 1-10308 06-0918165
(State or other jurisdiction (Commission File No.) (I.R.S. Employer
of incorporation or Identification Number)
organization)
9 West 57th Street
New York, NY 10019
(Address of principal (Zip Code)
executive office)
(973) 428-9700
(Registrant's telephone number, including area code)
None
(Former name, former address and former fiscal year, if applicable)
Item 5. Other Events
Dutch Auction Preliminary Results. Cendant Corporation (the "Company")
today announced the preliminary results of its Dutch Auction self-tender offer
for 50 million shares, which expired Thursday, July 15, 1999 at 12:00 midnight,
New York City time.
The preliminary count by the depositary for the offer indicated that
approximately 56.1 million shares were tendered (including approximately 7.7
million shares in the form of guaranteed deliveries) and not withdrawn at prices
of $22.25 per share or lower. Shares tendered in excess of this price, and
shares not accepted because of proration, will be promptly returned. The Company
expects to purchase 50 million shares at $22.25 per share.
For a more detailed description of the terms of the transaction,
reference is made to Exhibit 99.1, which is incorporated herein by reference in
its entirety.
Item 7. Exhibits
Exhibit
No. Description
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99.1 Press Release: Cendant Corporation Announces Preliminary Results
of Its Dutch Auction Self-Tender Offer, dated July 16, 1999.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CENDANT CORPORATION
By: /s/ James E. Buckman
James E. Buckman
Vice Chairman
and General Counsel
Date: July 16, 1999
CENDANT CORPORATION
CURRENT REPORT ON FORM 8-K
Report Dated July 16, 1999 (July 15, 1999)
EXHIBIT INDEX
Exhibit No. Description
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99.1 Press Release: Cendant Corporation Announces Preliminary
Results of Its Dutch Auction Self-Tender Offer,
dated July 16, 1999.