FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: August 15, 2000 (Date of earliest event reported) CENDANT CORPORATION (Exact name of registrant as specified in its charter) DELAWARE 1-10308 06-0918165 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) No.) 9 WEST 57TH STREET NEW YORK, NY 10019 (212) 413-1800 (Address including zip code, and telephone number including area code of registrants' principal executive offices) Item 5. Other Events. On August 15, 2000, Cendant Corporation (the "Registrant") announced that it had submitted to the Board of Directors of Avis Group Holdings, Inc. ("Avis") a preliminary, non-binding proposal to acquire all of the outstanding shares of Avis that are not currently owned by the Registrant at a price of $29.00 per share in cash. A copy of the press release issued by the Registrant on August 15, 2000 announcing the proposal is attached hereto as Exhibit 99.1 and is incorporated herein by reference. Item 7. Financial Statements and Exhibits. (a) Not Applicable (b) Not Applicable (c) Exhibits: 99.1 Press release issued by Cendant Corporation dated August 15, 2000 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, 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: August 15, 2000 INDEX TO EXHIBITS Exhibit No. Exhibit Page ----------- ------- ---- 99.1 Press release issued by Cendant Corporation dated August 15, 2000