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Q: B2B sale - 1994 - sale proce sought ( Answered 5 out of 5 stars,   0 Comments )
Subject: B2B sale - 1994 - sale proce sought
Category: Business and Money > Finance
Asked by: shaverin-ga
List Price: $50.00
Posted: 14 May 2006 15:26 PDT
Expires: 13 Jun 2006 15:26 PDT
Question ID: 728802
The company CIMS ( acquired the company Sentinel
Credit Card Protection in 1994.  How old was Sentinel at the time, and
how much did CIMS pay for them?
Subject: Re: B2B sale - 1994 - sale proce sought
Answered By: pafalafa-ga on 17 May 2006 15:34 PDT
Rated:5 out of 5 stars

CIMS is owned by Cendant Corp, as described on their website:
"Cims is part of the Cendant Corporation. The Cendant Corporation is a
global provider of specialist marketing services in the financial,
real estate and travel sectors, targeting both consumer and business

Cendant used to go by the name CUC Corp, and under that name,
purchased Sentinel for $22.5 million in 1995:
CUC International Inc.

"During March 1995, the Company acquired all of the outstanding
capital stock of Credit Card Sentinel (U.K.) Limited ("CCS") for $22.5
million in cash. CCS is a leading provider of credit card enhancement
services, which are generally marketed through European financial

I wasn't able to determine the exact start-up date of Sentinel, but
it's clear from newspaper mentions of the company that they were an
established business at least as early as 1986.

I trust this information fully answers your question.  However, if
there's anything else I can do for you on this, please let me know by
posting a Request for Clarification.



search strategy -- searched Google, newspaper databases, and the SEC
EDGAR site for combinations of:



shaverin-ga rated this answer:5 out of 5 stars and gave an additional tip of: $8.00
Fantastic - thank you

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