Complex sentence: The company was acquired in 2000 by Cendant and is currently part of Travel Distribution Services Division of Travelport, which was sold to the Blackstone Group in July 2006.
Split into simpler sentences: The company was acquired in 2000 by Cendant and is currently part of Travel Distribution Services Division of Travelport. Cendant sold Travelport to the Blackstone Group in July 2006.