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Stock Market & Financial Investment News

News Breaks
May 19, 2014
07:13 EDTSABRSabre initiated with a Market Perform at FBR Capital
Target $17.
News For SABR 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
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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