02.09.2019 14:29:41
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CMA To Conduct Phase 2 Investigation On Farelogix-Sabre Deal - Quick Facts
(RTTNews) - The Competition and Markets Authority, or the CMA, has decided to refer an in-depth investigation with respect to the acquisition of Farelogix Inc by Sabre Corp (SABR). The CMA has decided to conduct a phase 2 investigation.
The CMA has stated that it does not believe that the undertakings offered by Sabre and Farelogix would achieve as comprehensive a solution to address the substantial lessening of competition due to the proposed merger.
In August, the companies extended the termination date of the acquisition agreement to April 30, 2020.

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Sabre Corp | 2,98 | -2,23% |
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