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Wednesday, November 24, 2004

IPO Report: Cendant eyes $1 billion via IPO of Wright Express unit -

By Steve Gelsi, CBS.MarketWatch.com

"Cendant Corp. set plans Tuesday to dip into the recovering IPO market for a second time this year, filing to take its wholly owned Wright Express Corp. unit public for a hefty $1 billion...
Wright Express captures transaction data at more than 180,000 fuel and vehicle maintenance locations, including more than 90 percent of the nation's retail fuel locations and 40,000 vehicle maintenance locations"

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