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On Friday, a judge in Delaware approved the $3.4 billion sale of most of the assets of Daytona Beach, Fla.-based Budget Group Inc. to New York financial services and travel giant Cendant Corp. Cendant is slated to pay $110 million in cash and assume a $2.7 billion fleet financing agreement; it emerged as the sole bidder under a � 363 auction under the U.S. Bankruptcy Code in October.
November 12, 2002 at 12:00 AM
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Pond Lehocky Giordano LLP would like to congratulate Jerry Lehocky and his team on PA's largest workers' compensation settlement.
