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CUC International information


CUC International
Trade name
CUC (Comp-U-Card) International Inc.
Founded1973
United States
HeadquartersUnited States
Number of locations
International
Domestic
Area served
Worldwide

CUC (Comp-U-Card) International Inc. was a membership-based consumer services conglomerate with travel, shopping, auto, dining, home improvement and financial services offered to more than 60 million customers worldwide based in Stamford, Connecticut, US, and founded in 1973 by Kirk Shelton and Walter Forbes. In 1998, it became involved in a Securities and Exchange Commission investigation into what, at the time, was the biggest accounting scandal in corporate history.[1]

  1. ^ SEC press release on bringing civil suits against Forbes and Shelton

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Officer of that company in the 1990s, and at its predecessor company CUC International. On 2007 January 17, the 64-year-old Forbes was sentenced to over...

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CUC International, a direct marketing company that operated discount membership programs like Shoppers Advantage and Travelers Advantage. HFS and CUC...

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spent on development and manufacturing. Following its acquisition by CUC International in 1996, Lowe's relationship with Sierra underwent significant changes...

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revenue before it was acquired by the Sierra On-Line division of CUC International in 1997 for $13.8 million. Vivendi Universal’s subsequent acquisition...

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Walter Forbes, former CEO of CUC International, was charged with 16 counts in relation to inflated earnings statements from CUC before it merged with HFC...

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was acquired along with Sierra On-Line by a company called CUC International in 1996. CUC then merged with a hotel, real-estate, and car-rental franchiser...

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and made around $30 million a year in sales. He sold the company to CUC International for $25 million in 1997. He and his wife Joan Blades in 1998 founded...

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towards the creation of digital cash. NetMarket was soon purchased by CUC International and despite expectations to the contrary, continued to be successful...

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& Associates in 1994, renamed from Silicon & Synapse; acquired by CUC International in 1996, which merged into Cendant in 1997 and was sold to Havas in...

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