Sabre Buys All of Abacus in Bid to Profit From Strong Asian Travel Growth

NEW YORK (The Deal) -- Travel and tourism software company Sabre  said Thursday it will pay $441 million to acquire all of Asian airline and hotel technology company Abacus International. Shares of Sabre, which is backed by Texas Pacific Group and Silver Lake Partners, gained 41 cents, or about 1.6%, to $25.91 on Thursday. Must Read: Warren Buffett's 7 Secrets to Dividend Investing Revealed Sabre currently owns 35% of Abacus, while the rest is owned by a consortium of Asian airline partners. It...