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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
COMMISSION FILE NUMBER 1-10308
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NOVEMBER 4, 1998 (APRIL 27, 1998)
(Date of Report (date of earliest event reported))
CENDANT CORPORATION
(Exact name of Registrant as specified in its charter)
DELAWARE 06-0918165
(State or Other Jurisdiction of (I.R.S. Employer
Incorporation or Organization) Identification No.)
6 SYLVAN WAY,
PARSIPPANY, NEW JERSEY 07054
(Address of Principal Executive Office) (Zip Code)
(973) 428-9700
(Registrant's telephone number, including area code)
NONE
(Former name, former address and former fixcal year, if appliable)
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ITEM 5. OTHER EVENTS
As previously reported in the Current Report on Form 8-K of Cendant
Corporation (the "Company"), dated May 5, 1998, the Company completed the
acquisition of National Parking Corporation Limited ("NPC") for $1.6 billion in
cash, which included the repayment of approximately $227 million of outstanding
NPC debt.
On September 29, 1998, the Company filed an amended Annual Report on Form
10-K/A for the year ended December 31, 1997 which included restated financial
statements of the Company for the years ended December 31, 1997, 1996 and 1995.
The acquisition of NPC was considered to be significant in comparison to the
Company's restated financial statements and therefore the Company is filing
this Current Report on Form 8-K to present the exhibits listed in item 7
hereof.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
EXHIBIT
NO. DESCRIPTION
23.1 Consent of Deloitte & Touche -- Independent auditors of National
Parking Corporation Limited;
99.1 Unaudited pro forma financial statements of Cendant Corporation
giving effect to the acquisition of National Parking Corporation
Limited (i) for the year ended December 31, 1997; and (ii) for the
six months ended June 30, 1998;
99.2 Consolidated financial statements of National Parking Corporation
Limited for the 52 week period ended 27 March 1998.
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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/ Scott E. Forbes
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Scott E. Forbes
Executive Vice President
and Chief Accounting Officer
Date: November 4, 1998
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CENDANT CORPORATION
CURRENT REPORT ON FORM 8-K
REPORT DATED NOVEMBER 4, 1998 (APRIL 27, 1998)
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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23.1 Consent of Deloitte & Touche -- Independent auditors of National
Parking Corporation Limited.
99.1 Unaudited proforma financial statements of Cendant Corporation
giving effect to the acquisition of National Parking Corporation
Limited (i) for the year ended December 31, 1997; and (ii) for
the six months ended June 30, 1998.
99.2 Consolidated financial statements of National Parking Corporation
Limited for the 52 week period ended 27 March 1998.
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