Cendant Corp., New York, will sell its Entertainment Publications, Inc. business segment. Veronis, Suhler & Associates will manage the sale process. EPub will be classified as a discontinued operation in current and prior periods when Cendant releases financial information, including 1999 first quarter results. EPub publishes and markets coupon books and discount programs through schools.
Separately, the company has reached a definitive agreement to sell its National Leisure Group subsidiary to The Leisure Company, a subsidiary of America West Holdings Corporation, for an undisclosed cash amount. NLG, is a retailer of cruise and vacation packages.
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