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Stock Market & Financial Investment News

News Breaks
July 9, 2014
09:32 EDTSABR, HLTSabre renews technology agreement with Hilton
Sabre (SABR) has renewed its technology agreement with Hilton Worldwide (HLT) to market and sell its inventory in the Sabre global distribution system, or GDS.
News For SABR;HLT From The Last 14 Days
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December 18, 2014
10:01 EDTHLTOn The Fly: Analyst Initiation Summary
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06:34 EDTHLTHilton initiated with a Buy at Evercore ISI
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December 16, 2014
08:47 EDTSABRBravofly Rumbo makes binding offer to acquire lastminute.com from Sabre
Sabre and Bravofly Rumbo Group announced that Bravofly Rumbo has made a binding offer to acquire lastminute.com. Under the terms of the offer, Bravofly Rumbo would acquire all of lastminute.com's principal global operations located in the UK, France, Germany, Spain and Italy. The value of the potential transaction for Sabre is approximately $120M, resulting primarily from the transfer of commercial liabilities and additionally the value of an expanded long-term commercial agreement, in which Bravofly Rumbo's brands and lastminute.com would continue to use the Sabre global distribution system. The transaction would not have a material effect on Bravofly Rumbo Group's net cash position. Acceptance of the offer is subject to the completion of employee information and consultation processes, following which closure would be expected to occur in Q1 2015.
December 9, 2014
08:06 EDTSABRWyndham Hotel Group enters strategic technology partnership with Sabre
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