Travelocity's parent company is sold for $4.4B (USA Today) Sabre Holdings, which runs one of the largest travel agents' reservation systems and owns the popular online booking site Travelocity.com, said Tuesday that it agreed to be bought by private equity firms Silver Lake Partners and Texas Pacific Group for about $4.4 billion.
Private groups buying Travelocity parent (AP via Yahoo! News) Sabre Holdings Corp., parent of the online travel-booking service Travelocity.com and a leading distributor of airline reservations, said Tuesday it is being acquired by private-equity groups for about $4.5 billion.
Private equity firms to buy Sabre (Reuters via Yahoo! News) Two private equity firms will buy Sabre Holdings Corp. , owner of the Travelocity hotel and flight-booking Web site, for $4.45 billion as they look to profit from a boom in travel services.