Sabre Holdings Corp. to be Acquired by Private Equity Group
Date: 12/12/06
Sabre Holdings Corp., which operates the online travel agency Travelocity.com, said it agreed to be acquired by private equity groups Silver Lake Partners and Texas Pacific Group for $32.75 per share in cash, or about $4.45 billion. Cahill Gordon & Reindel LLP is respresenting Merrill Lynch and Deutsche Bank in connection with a portion of the debt financing that will be used to finance the acquisition.