Cendant looks to shed its software unit


In the wake of a disastrous accounting scandal that has slashed the market value of Cendant Corp. by nearly $20 billion, the company announced plans to unload its software division to focus on its core travel, real estate, and marketing businesses.

Cendant Software boasted the nation's largest retail sales of educational software last year, and it was the third-largest seller to schools. According to PC Data of Reston, Va.,

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