Mergers & Antitrust Law News

DOJ Said Poised to Sue to Block Sabre Deal for Farelogix

Aug. 16, 2019, 3:01 PM

The U.S. Justice Department is preparing to sue to block travel technology company Sabre Corp.’s proposed acquisition of Farelogix Inc. over concerns the deal will harm competition, according to a person familiar with the matter.

The department’s antitrust division is set to file a lawsuit as soon as Monday, Aug. 19, said the person. Sabre announced plans Aug. 14 to close the deal next week.

Sabre agreed to buy Farelogix in November for $360 million. Both companies provide information technology systems that enable airlines to sell tickets.

The Justice Department challenge would follow concerns raised by the U.K.’s antitrust regulator...

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