Sabre Buys Reservation Services Company
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Sabre Holdings Corp. , 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 &#36;40 million.
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A newly formed company said it plans to buy Miami Beach-based LNR Property Corp. (NYSE: LNR) for $63.10 a share in cash, or about $3.
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Ashford Hospitality Trust Inc., a real-estate investment trust specializing in hotels, on Monday said it agreed to buy a 21-hotel portfolio controlled by affiliates of the Fisher Brothers, the Gordon Getty Trust, and George Soros for $85.3 million plus
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Cendant Corporation, the travel and property services company that owns Avis and Budget, is in talks to acquire Orbitz.com, an online travel company, in a deal valued at around $1 billion.
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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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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 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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MULTIPLEX Group yesterday announced a $1.33 billion friendly takeover of Ronin Property Group and kicked off the process with the $207 million purchase of a substantial stake in the target from its major stakeholder.
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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 Systems is buying privately held Protego Networks of Sunnyvale, Calif., a provider of security monitoring and threat management appliances used in enterprise and small-to-medium business networks.
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The 322-room Tremont Boston was sold to Highland Hospitality Corp., a Virginia-based real estate investment trust that purchased the hotel along with three others for $227 million from Wyndham International Inc.
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The private equity firm BC Partners will buy the worldâs largest commercial satellite operator, in a deal that values the company at about $5 billion.
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Northwest Airlines has sued Sabre Holdings Co., which runs the world&#39;s biggest computerized reservation system, in a high-stakes dispute that could determine the future of third-party ticket portals like Galileo, Travelocity and Expedia.
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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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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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CHICAGOâTravel and real estate heavyweight Cendant Corp. yesterday said it will buy travel website Orbitz Inc. for about $1.25 billion (US), making it the second-largest competitor in the online travel industry.