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Southlake-based travel software giant Sabre Corp. announced on April 28 it will sell one of its business units to Fort Worth-based private equity giant TPG in a move to reduce its debt.
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Zacks Investment Research on MSNSabre (SABR) Reports Break-Even Earnings for Q1Sabre (SABR) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to loss of $0.02 per share a year ago. These figures are adjusted for ...
Sabre, which produces technology for the travel industry, announced a deal to sell its hospitality technology operations for $1.1 billion to TPG, as it looks to address its debt pile and refocus ...
April 28 (Reuters) - Sabre Corp (SABR.O), opens new tab said on Monday it will sell its hospitality software platform to asset manager TPG (TPG.O), opens new tab for $1.1 billion and use the cash ...
Sabre is set to sell its hospitality solutions business to alternative asset management firm TPG for $1.1 billion in cash. TPG will invest in Hospitality Solutions, which provides software and ...
The private equity arm of TPG will acquire Sabre's hospitality solutions business for $1.1 billion in cash, the companies said Monday. "This divestiture positions Sabre to focus on our core ...
SOUTHLAKE, Texas (AP) — SOUTHLAKE, Texas (AP) — Sabre Corp. (SABR) on Wednesday reported first-quarter profit of $35.3 million. On a per-share basis, the Southlake, Texas-based company said it ...
Sabre's sale of its hotel reservations tech should help the travel tech company focus on its core airline business. It's notable that a PE firm rather than a rival player, such as Oracle or Cendyn ...
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