No sooner have Travelport-Worldspan been sharing a Christmas party, then rumours of a takeover of Sabre Holdings have begun to emerge.
And this time the source is that bastion of accuracy and financial knowledge, The Wall Street Journal.
A report on the WSJ.com website says the company, owners of the Sabre GDS, Travelocity and Lastminute.com, could be sold as early as this week to a private equity group for $3.75 billion.
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More consolidation perhaps? The article continues:
Kevin May, editor, Travolution
And this time the source is that bastion of accuracy and financial knowledge, The Wall Street Journal.A report on the WSJ.com website says the company, owners of the Sabre GDS, Travelocity and Lastminute.com, could be sold as early as this week to a private equity group for $3.75 billion.
[Subscription required to read full story]
More consolidation perhaps? The article continues:
"The announcement fueled speculation that Sabre might consider pursuing an agreement with Amadeus, a travel-distribution company based in Madrid."Our man in America, Dennis Schaal of Travel Weekly USA, who has written about a potential sale in recent months, emails:
"You have Sabre feeling paranoid about the Galileo [Travelport]-Worldspan combo, PLUS there is so much private-equity money out there - and the equity boys love the cash flow of a GDS coupled with the sexiness of Travelocity/Lastminute."Blink and you may well miss something these days...
Kevin May, editor, Travolution
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