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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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November 25, 2015
08:02 EDTSABRSabre, HP Enterprise announce multi-year renewal of relationship
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November 24, 2015
16:33 EDTHLTHilton eradicating malware in payment cards systems
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08:34 EDTSABRSabre to acquire the Trust Group of Companies
Sabre announced that it has entered into a definitive agreement to acquire the Trust Group of Companies, a central reservations, revenue management and hotel marketing provider. The acquisition will include Trust International, InnLink and Nexus. At closing, Sabre will purchase the Trust Group from Battery Ventures, a global investment firm, for approximately $154M, using proceeds from recently issued notes and cash on hand. The acquisition is expected to contribute approximately $40M of incremental revenue to Sabre in 2016 and to be accretive to Sabre's Adjusted EBITDA and neutral to its Adjusted EPS, assuming a Q1 of FY16 closing date. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in early 2016. Until closing, Sabre and the Trust Group will continue to operate as separate companies.
November 19, 2015
07:11 EDTSABRSabre and Viajes Falabella expand technology agreement
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November 18, 2015
07:45 EDTHLTHilton management to meet with Deutsche Bank
Meeting to be held in Denver on November 18 hosted by Deutsche Bank.
November 16, 2015
07:18 EDTHLTDeutsche Bank to hold a conference
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