Ending several months of speculation, CUC International of Stamford, Conn., emerged Monday as the buyer of troubled Ideon Group Inc.

CUC, a provider of home shopping and marketing services, said it had agreed to pay $375 million in stock.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.