Press: Private equity to buy Sabre for $4.3bn

Travel reservation company Sabre Holdings Corp has agreed to be sold for 4.3 bln usd to private equity groups Silver Lake Partners and the Texas Pacific Group, according to the New York Times which cited people involved in the negotiations. The report said Sabre shareholders are in line to receive just over 32 usd per share, a premium of 15 pct over Sabre’s share price before news of an impending deal was reported yesterday.

The New York Times said neither private equity firm spokesmen would comment and Sabre was unavailable.