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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13D-1(B) AND (C) AND
AMENDMENTS THERETO FILED PURSUANT TO 13D-2(B)
AVIS RENT A CAR, INC.
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(NAME OF ISSUER)
Common Stock, Par Value $ .01 Per Share
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(TITLE OF CLASS OF SECURITIES)
053790 10 1
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(CUSIP NUMBER)
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Check the following box if a fee is being paid with this statement
|_|. (A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five
percent of the class of securities described in Item 1; and (2) has filed
no amendment subsequent thereto reporting beneficial ownership of five
percent or less of such class.) (See Rule 13d-7.)
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CUSIP NO. 053790 10 1 13G
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- -------------------------
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CENDANT CAR RENTAL, INC. (06-0918165)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY ---------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 8,500,000
REPORTING ---------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
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8 SHARED DISPOSITIVE POWER
8,500,000
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,500,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
27.5%
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12 TYPE OF REPORTING PERSON*
CO
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- -----------------------------
CUSIP NO. 053790 10 1 13G
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- -----------------------------
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
CENDANT CORPORATION (06-0918165 )
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ----------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY ----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 8,500,000
REPORTING ----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
8,500,000
- ----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,500,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES |_|
CERTAIN SHARES*
- ----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
27.5%
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12 TYPE OF REPORTING PERSON*
CO
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CUSIP No. 053790 10 1 13G
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- -----------------------------
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HFS CAR RENTAL HOLDINGS, INC. (06-0918165 )
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
- ------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- ------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY ----------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 8,500,000
REPORTING ----------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
----------------------------------------------------------
8 SHARED DISPOSITIVE POWER
8,500,000
- -----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,500,000
- -----------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES |_|
CERTAIN SHARES*
- -----------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
27.5%
- -----------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
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Item 1(a)- Name of Issuer: Avis Rent A Car, Inc.
Item 1(b)- Address of Principal Executive Offices:
900 Old Country Road
Garden City, New York 11530
Item 2(a)- Name of Person Filing:
Cendant Corporation
Item 2(b)- Address of Principal Business Office or, if none, Residence:
The principal business office of all reporting entities is
Six Sylvan Way, Parsippany, NJ 07054
Item 2(c)- Place of Organization:
All reporting entities are organized in Delaware
Item 2(d)- Title of Class of Securities:
Common Stock, par value $ .01 per share
Item 2(e)- CUSIP Number: 053790 10 1
Item 3 - Statements Filed Pursuant to Rules 13d-1(b) or 13d-2(b):
Not Applicable
Item 4 - Ownership.
(a) Amount Beneficially Owned:
Cendant Car Rental, Inc. owns 8,500,000 shares of
Common Stock. Each of Cendant Corporation and HFS Car
Rental Holdings, Inc. may be deemed to beneficiailly
own the shares owned by Cendant Car Rental, Inc.
(b) Percent of Class
27.5%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
8,500,000 shares of Common Stock
(iii) Sole power to dispose or to direct the
disposition of:
0
(iv) Shared power to dispose or to direct the
disposition of:
8,500,000 shares of common Stock
Item 5 - Ownership of Five Percent or Less of a Class:
Not Applicable
Item 6 - Ownership of More Than Five Percent on Behalf of Another
Person:
Not Applicable
Item 7 - Identification and Classification of the Subsidiary
which Acquired the Security being Reported on by the
Parent Holding Company:
Not Applicable
Item 8 - Identification and Classification of Members of the
Group:
Not Applicable
Item 9 - Notice of Dissolution of Group:
Not Applicable
Item 10 - Certification:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is
true, complete and correct.
CENDANT CORPORATION
HFS CAR RENTAL HOLDINGS, INC.
CENDANT CAR RENTAL, INC.
/s/ James E. Buckman, Esq.
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By: James E. Buckman, Esq.
Senior Executive Vice President and
General Counsel
Date: February 13, 1998