Sabre Holdings is poised to make what could be one of its biggest investments in recent memory, laying out what a leaked document says is up to $125 million on an undisclosed company.
Confidential papers released to investors in late-April 2012, when the company disclosed a proposed offering of $400 million of senior secured notes in the private placement market, outline a “proposed acquisition” which could take place within the next four weeks.
“It is probable that we will enter into a business combination in the second quarter of 2012,” begins a section titled Proposed Acquisition in the 351-page report.
Read full story at: http://www.tnooz.com/2012/05/31/news/sabre-lines-up-massive-125m-acquisition-second-only-to-lastminute-deal-in-2005/