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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (1956)	12/12/2006 12:55:52 AM
From: Sr K	Read Replies (1) \| Respond to of 20435

Sabre Holdings, the travel reservation company once owned by American Airlines, agreed to be sold late last night for about $4.3 billion to Silver Lake Partners and the Texas Pacific Group, according to people involved in the negotiations. The deal is expected to be announced today. . . Under the deal, Sabre shareholders are expected to receive slightly more than $32 a share, people involved in the deal said. That is a premium of 15 percent over Sabre’s share price before news of the impending deal was reported on Monday. Sabre’s shares spiked 7.5 percent yesterday to close at $30.43. www.nytimes.com