Sabre Holdings Corp. to be Acquired by Private Equity Group

December 12, 2006

Sabre Holdings Corp., which operates the online travel agency Travelocity.com, said it agreed to be acquired by private equity groups Silver Lake Partners and Texas Pacific Group for $32.75 per share in cash, or about $4.45 billion. Cahill Gordon & Reindel LLP is respresenting Merrill Lynch and Deutsche Bank in connection with a portion of the debt financing that will be used to finance the acquisition.