Imperial Capital Raises Price Target on Sabre (SABR) to $35 Following EPS Beat
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Sabre Corporation Announces Pricing of Sale of Common Stock by Existing Shareholders
August 5, 2015 9:31 AM EDTSOUTHLAKE, Texas, Aug. 5, 2015 /PRNewswire/ --Â Sabre Corporation ("Sabre" or the "Company") (Nasdaq: SABR) today announced the pricing of the previously announced public offering of 19,000,000 shares of common stock by existing stockholders affiliated with TPG Global, LLC and Silver Lake Management Company II, L.L.C. (the "Selling Stockholders") at a price to the public of $26.85 per share. All of the shares are being sold on a pro rata basis by the Selling Stockholders in accordance with their current interests, and the Selling Stockholders will receive all of the... More
Sabre Corporation Announces Sale of Common Stock by Existing Shareholders
August 5, 2015 6:48 AM EDTSOUTHLAKE, Texas, Aug. 5, 2015 /PRNewswire/ -- Sabre Corporation ("Sabre" or the "Company") (Nasdaq: SABR) today announced the public offering of 19,000,000 shares of common stock by existing stockholders affiliated with TPG Global, LLC and Silver Lake Management Company II, L.L.C. (the "Selling Stockholders"). All of the shares are being sold on a pro rata basis by the Selling Stockholders in accordance with their current interests, and the Selling Stockholders will receive all of the net proceeds from this offering. No shares are being sold by the Company.... More
Sabre Reports Second Quarter 2015 Results
August 4, 2015 7:00 AM EDT
SOUTHLAKE, Texas, Aug. 4, 2015 /PRNewswire/ --Â Sabre Corporation (NASDAQ: SABR) today announced financial results for the quarter ended June 30, 2015.
"In the second quarter, we continued to perform very well financially, operationally and in delivering new product innovation, capped off with the strategic Abacus acquisition in Asia-Pacific. We are well positioned as we look ahead to the coming years," said Tom Klein, Sabre President and CEO. "Travel Network revenue increased 7.0% year over year in the quarter, driven by growth in bookings across all regions, including an increase of 6.9% in North America... More
