Merger Announcement

Realogy Corporation, a leading global provider of real estate and relocation services, today announced that its relocation services subsidiary, Cartus Corporation, has acquired Primacy Relocation, a prominent relocation and global assignment management services company based in Memphis, Tenn. Financial terms of the transaction were not disclosed.

"This is a strategic acquisition for Cartus -- one that will enhance its domestic operations, substantially broaden its global capabilities, and firmly position it as the leading relocation services provider to the government sector," said Richard A. Smith, president and CEO of Realogy. "This acquisition positions Realogy for strategic growth across our international and domestic businesses."
---From AJaxMag.com