Sabre Buys Reservation Services Company
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Sabre Holdings Corp. TSG.N, owner of  the Travelocity Web site, on Thursday said it agreed to buy  privately held SynXis Corp., a provider of reservation  management services to hotels, for $40 million.
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The Cendant Corp., which owns Avis car rental and the Days Inn hotel chain, is close to a deal to buy Orbitz, the online travel service controlled by an alliance of airlines, for about
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Hyatt Corp., the Chicago-based hotelier owned by the infighting Pritzker family, agreed to buy the AmeriSuites chain of 143 hotels to tap rising demand from corporate travelers for upscale self-service rooms.
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AUGUST 25, 2004 -- The Sabre Travel Network yesterday responded quickly to Northwest Airlines&#39; decision to impose a fee on all domestic tickets issued through global distribution systems, firing back with its own policy changes and concluding the
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CHICAGO  - US hotel group Hyatt said it was buying the lodging chain AmeriSuites from the Blackstone investor group as part of its plan to expand the Hyatt brand name.
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Primaris Airlines Inc., a little-known Las Vegas carrier with plans to provide low-cost service for business travelers, has become the first US airline to agree to buy Boeing Co.
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Mandalay Resort Group on Friday  said its shareholders approved plans for the Las Vegas-based  casino operator to be acquired by MGM Mirage for $4.8 billion.
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The travel reservation company agreed Monday night to be sold to Silver Lake Partners and the Texas Pacific Group.
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Orbitz Inc.'s shares surged nearly 31 percent Wednesday on news that Cendant Corp., the owner of the CheapTickets, Days Inn, Avis and Budget brands, had agreed to pay $1.25 billion to acquire the third-largest online travel agency.
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The Cendant Corp. in New York said Wednesday it will acquire Chicago-based online travel company Orbitz Inc. for about $1.25 billion.
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Business services group Rentokil Initial has bought parcel delivery company Target Express for 210 million pounds in cash (311 million euros, 410 million dollars), adding that it was looking to sell its electronic security business.
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Cisco has bought IP service control vendor P-Cube of Sunnyvale, California, in a cash deal worth about $200m. The company says the deal should allow its customers to run advanced IP services such as voice
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Morgan Stanley and Apax Partners Worldwide LLP agreed to buy Chicago-based Hub International Ltd. for $1.8 billion in the second buyout of a US insurance brokerage in six weeks.
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Travelocity takes off as its parent gets bought out.
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Cerberus Capital Management is near a $4 billion deal to buy United Rentals Inc. , the largest equipment rental company by fleet size, for $34.50 a share, the Wall Street Journal reported on Monday.
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The Sabre Travel Network will add social networking capabilities to its GetThere corporate travel booking tool by the middle of this year.
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Sabre Holdings, the travel reservation company, is in advanced talks to be sold to a consortium of private equity firms for more than $4 billion.