The Justice Department will seek to appeal a federal court’s decision to approve Sabre Corp.'s $360 million acquisition of Farelogix Inc.
Judge Leonard Stark of the U.S. District Court for the District of Delaware held in an order April 7 that the merger can proceed, rejecting a DOJ challenge that alleged the deal would drive up prices for flight booking fees.
The DOJ filed its notice of appeal April 7 to the U.S. Court of Appeals for the Third Circuit.
DOJ attorneys have argued that the deal would allow Sabre to cement its stronghold in the airline booking services industry ...
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