SOUTHLAKE, Texas–(BUSINESS WIRE)–Jan. 30, 2007–Sabre Holdings
Corporation (NYSE:TSG) announced that its Board of Directors declared
a $0.13 dividend payable on March 5, 2007, to shareholders of record
at the close of regular trading on the NYSE on Feb. 16, 2007.
Sabre Holdings announced on Dec. 12, 2006, it signed a definitive
agreement under which Silver Lake Partners and Texas Pacific Group
(TPG) will acquire the company for $32.75 per share in cash. The
proposed merger is expected to be finalized by early second quarter
2007.
About Sabre Holdings Corporation
Sabre Holdings connects people with the world’s greatest travel
possibilities by retailing travel products and providing distribution
and technology solutions for the travel industry. Sabre Holdings
supports travelers, travel agents, corporations, government agencies
and travel suppliers through its companies: Travelocity, Sabre Travel
Network and Sabre Airline Solutions. Headquartered in Southlake,
Texas, the company has approximately 9,000 employees in 45 countries.
Full year 2005 revenues totaled $2.5 billion. Sabre Holdings, an S&P
500 company, is traded on the NYSE under the symbol TSG. More
information is available at http://www.sabre-holdings.com.
Statements in this release which are not purely historical facts,
including statements about possible future dividends, or other
statements about anticipations, beliefs, expectations, hopes,
intentions or strategies for the future, may be forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended. Readers are cautioned not to place
undue reliance on forward-looking statements. All forward-looking
statements are based upon information available to Sabre Holdings on
the date this release was issued. Sabre Holdings undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. Any forward-looking statements involve risks and
uncertainties that could cause actual events or results to differ
materially from the events or results described in the forward-looking
statements, including risks or uncertainties related to Sabre
Holdings’ revenues being highly dependent on its relationships with
travel suppliers. Sabre Holdings may not succeed in addressing these
and other risks. Further information regarding factors that could
affect our financial and other results can be found in the risk
factors section of our most recent filing on Form 10-K with the
Securities and Exchange Commission.
Legal Notice
In connection with the proposed merger of Sabre Holdings
Corporation (“Sabre Holdings”) with affiliates of Texas Pacific Group
and Silver Lake Partners, Sabre Holdings filed a preliminary proxy
statement with the Securities and Exchange Commission on January 16,
2007. INVESTORS AND SECURITY HOLDERS ARE STRONGLY ADVISED TO READ
THE PRELIMINARY PROXY STATEMENT, AND THE DEFINITIVE PROXY STATEMENT
WHEN IT BECOMES AVAILABLE, BECAUSE THE PRELIMINARY PROXY STATEMENT
CONTAINS, AND THE DEFINITIVE PROXY STATEMENT WILL CONTAIN, IMPORTANT
INFORMATION. Investors and security holders may obtain a free copy of
the preliminary proxy statement and the definitive proxy
statement (when available) and other documents filed by Sabre Holdings
at the Securities and Exchange Commission’s Web site at
http://www.sec.gov. The preliminary proxy statement and the definitive
proxy statement (when available) and such other documents may also be
obtained for free by directing such requests to the Sabre Holdings
investor relations department at 866-722-7347, or on the company’s
website at www.sabre-holdings.com/investor.
Sabre Holdings and its directors, executive officers and certain
other members of its management and employees may be deemed to be
participants in the solicitation of proxies from its stockholders in
connection with the proposed merger. Information regarding the
interests of such directors and executive officers is included in the
preliminary proxy statement, and information concerning all of Sabre
Holdings participants in the solicitation will be included in
the definitive proxy statement relating to the proposed merger when it
becomes available. Each of these documents is, or will be, available
free of charge at the Securities and Exchange Commission’s Web site at
www.sec.gov and from the Sabre Holdings investor relations department
at 866-722-7347, or on the company’s website at
www.sabre-holdings.com/investor.
CONTACT: Sabre Holdings Corporation
Media Relations:
Michael Berman, 682-605-2397
or
Investor Relations:
Karen Fugate, 682-605-2343
SOURCE: Sabre Holdings Corporation