TPG has agreed to acquire Sabre’s hospitality solutions business for $1.1 billion. Headquartered in Southlake, Texas, Sabre is a travel tech company. The transaction will establish the hospitality ...

Sabre shares jumped in early trading after the travel-technology company agreed to sell its hospitality-solutions unit to TPG for $1.1 billion. Shares traded 23% higher at $2.71. Sabre, based in ...

Sabre Corp said on Monday it will sell its hospitality software platform to asset manager TPG for $1.1 billion and use the cash to pare its debt, lifting the travel technology provider's shares nearly ...