SOUTHLAKE, Texas–(BUSINESS WIRE)–March 19, 2007–Sabre Holdings Corporation
(NYSE: TSG) today announced that it has rescheduled to March 29, 2007, a special
meeting of stockholders to vote on the previously announced proposed acquisition
of the company by affiliates of Silver Lake Partners and Texas Pacific Group.
The meeting has been rescheduled to provide stockholders adequate time to
consider supplemental disclosures contained in the company’s Form 8-K/A submitted
to the U.S. Securities and Exchange Commission on March 19, 2007.
Sabre Holdings stockholders of record at the close of regular trading on the
New York Stock Exchange on Tuesday, February 20, 2007, will be entitled to vote
at the meeting. The meeting will be held on Thursday, March 29, 2007, 10 a.m.
CDT, at the Dupree Theater, Irving Arts Center, 3333 North MacArthur Blvd, Irving,
Texas 75062. The meeting was previously scheduled for Friday, March 23, 2007.
The company anticipates that its stockholders will approve the acquisition
at the special meeting of stockholders and that the acquisition will close on
or about March 30, 2007.
About Sabre Holdings
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 2006 revenues totaled $2.8 billion. Sabre Holdings, an S&P 500
company, is traded on the NYSE under the symbol TSG. More information is available
About the Acquisition
In connection with the proposed merger of the company with affiliates of Texas
Pacific Group and Silver Lake Partners, the company filed a definitive proxy
statement with the Securities and Exchange Commission on February 21, 2007.
INVESTORS AND SECURITY HOLDERS ARE STRONGLY ADVISED TO READ THE DEFINITIVE PROXY
STATEMENT BECAUSE THE DEFINITIVE PROXY STATEMENT CONTAINS IMPORTANT INFORMATION.
Investors and security holders may obtain a free copy of the definitive proxy
statement and other documents filed by Sabre Holdings at the Securities and
Exchange Commission’s Web site at http://www.sec.gov. The definitive proxy statement
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 Web site 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 and all of
Sabre Holdings’ participants in the solicitation is included in the definitive
proxy statement, which is 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
Al Comeaux, 682-605-2157
Karen Fugate, 682-605-2343
INDUSTRY KEYWORD: TRAVEL AIRLINES TRANSPORTATION MERGERS/ACQ
SOURCE: Sabre Holdings Corporation
Copyright Business Wire 2007