Sabre Corp (SABR.OQ) Key Developments | Reuters.com
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Sabre Corp (SABR.OQ)

SABR.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

CEO of Sabre Tom Klein to resign effective Dec. 31
Monday, 20 Jun 2016 05:00pm EDT 

Sabre Corp : Sabre corporation announces ceo transition . Says reiterates Full-Year 2016 guidance and medium-term goals . Tom Klein, president and ceo announced that he will resign from sabre and its board of directors effective december 31, 2016 . Sabre corp says tom klein will continue to serve as ceo while board conducts a formal search for his successor .Sabre corporation announces ceo transition.  Full Article

Sabre Corporation announces sale of common stock by existing shareholders
Thursday, 25 Feb 2016 04:24pm EST 

Sabre Corp:Announces sale of common stock by existing shareholders.Says secondary public offering of 20 million shares of common stock.Says secondary public offering of 20 million shares by stockholders affiliated with tpg global llc,silver lake management company II l.l.c.  Full Article

Sabre to acquire the Trust Group
Tuesday, 24 Nov 2015 08:30am EST 

Sabre Corporation:entered into a definitive agreement to acquire the Trust Group of Companies, a central reservations, revenue management and hotel marketing provider with a significant presence in EMEA and Asia Pacific.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 $154 million, using proceeds from recently issued notes and cash on hand.acquisition is expected to contribute approximately $40 million of incremental revenue to Sabre in 2016 and to be accretive to Sabre's Adjusted EBITDA and neutral to its Adjusted EPS, assuming a first quarter 2016 closing date.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.  Full Article

Sabre Corp and Viajes Falabella expand technology agreement
Thursday, 19 Nov 2015 07:00am EST 

Sabre Corp:Says Co and Viajes Falabella is extending its technology agreement to support expansion plans and deliver personalized customer service.Extension also renews Sabre's position as their preferred travel technology provider.  Full Article

Sabre Corp declares quarterly dividend
Tuesday, 10 Nov 2015 04:01pm EST 

Sabre Corp:Declared a quarterly dividend of $0.09 per share.Says dividend is payable on December 30, 2015 to stockholders of record on December 21, 2015.  Full Article

Sabre Corp signs distribution and merchandising agreement with Virgin Australia
Thursday, 8 Oct 2015 08:07am EDT 

Sabre Corp:Sabre signs distribution and merchandising agreement with virgin Australia.Says new agreement to provide content, merchandising solutions and Sabre marketplace analytics to virgin Australia.New agreement follows virgin Australia's recent decision to renew and expand technology agreement with Sabre.  Full Article

Sabre Corporation announces closing of secondary offering of common stock
Monday, 10 Aug 2015 12:55pm EDT 

Sabre Corporation:Says closing of a public offering by existing stockholders affiliated with TPG Global, LLC and Silver Lake Management Company II, L.L.C of 19,000,000 shares of common stock at a price to the public of $26.85 per share.No shares were sold by the Company.Goldman, Sachs & Co. acted as the sole underwriter for the offering.  Full Article

Sabre Corporation raises FY 2015 guidance
Tuesday, 4 Aug 2015 07:00am EDT 

Sabre Corporation:Says that it is increasing guidance for FY 2015.Sees FY 2015 revenue of between $2.95 billion and $2.98 billion.Sees FY 2015 Adjusted EBITDA to be between $930 million and $945 million.Sees FY 2015 Adjusted Net Income and Adjusted EPS guidance to $290 million to $305 million and $1.05 to $1.11, respectively.  Full Article

Sabre Corporation declares quarterly dividend
Tuesday, 28 Jul 2015 04:00pm EDT 

Sabre Corporation:Declared a quarterly dividend of $0.09 per share.Payable on September 30 to stockholders of record on September 21.  Full Article

Virgin Australia and Sabre expand technology agreement
Thursday, 16 Jul 2015 09:14am EDT 

Sabre Corp:Virgin Australia and Sabre expand technology agreement.Says renewal agreement expands the airlines' sabresonic agreement.  Full Article

BRIEF-CEO of Sabre Tom Klein to resign effective Dec. 31

* Says reiterates Full-Year 2016 guidance and medium-term goals