Bloomberg Law
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Law
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Sabre, Farelogix Merger Still on Despite Virus, Attorneys Say

March 30, 2020, 8:30 PM

Sabre Corp. intends to proceed with its $360 million acquisition of airline booking provider Farelogix Inc. even as the ongoing coronavirus pandemic upends the travel industry.

Attorneys for Sabre and Farelogix told Judge Leonard Stark of the U.S. District Court for the District of Delaware Monday that the deal is still on. Both companies are waiting for Stark to weigh in on an antitrust case brought by the Justice Department that seeks to block the deal.

“I will say the crisis has hit the travel business very hard,” Steven Sunshine, an attorney for Sabre, said during a telephonic status conference. ...