Sabre merger with Silver Lake, TPG advances after waiting period ends

By Lisa Kerner

Charlotte, N.C., Jan. 30 - Sabre Holdings said the Hart-Scott-Rodino waiting period has expired and the company can move ahead with its proposed sale to Texas Pacific Group and Silver Lake Partners, according to a company news release.

The companies entered into a definitive agreement in December for the sale of Sabre Holdings for $32.75 per share in cash.

Sabre Holdings is a travel products retailer based in Southlake, Texas.

Silver Lake Partners is a private equity firm, and TPG is a private investment partnership.

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