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RE: LeoThread 2025-06-06 12:36

in LeoFinance4 months ago

Part 6/11:

With Sierra On-Line commanding an impressive market share, selling to Comp-U-Card for $1.5 billion in 1996 marked a watershed moment for the company. However, this acquisition initiated a spiraling descent, as Sierra became entwined in a web of corporate maneuvers. The merger of Comp-U-Card with HFS created the Cendant Corporation, which later faced scrutiny from the Securities and Exchange Commission, ultimately threatening the stability of Sierra.