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TPG to Acquire Sabre Subsidiary for $1.1B

DFW-based travel reservations pioneer Sabre Corporation announced Monday that it has agreed to divest its SaaS platform Sabre Hospitality Solutions business to TPG for $1.1 billion.

The all-cash transaction establishes Hospitality Solutions as a standalone business, much as Sabre itself was established in 2000 as a standalone business by American Airlines, which founded the company in 1960.

Allen Pusey

Allen Pusey is a senior editor and writer at The Texas Lawbook.

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