US travel reservations giant Sabre abandoned a $360M deal to acquire Florida-based Farelogix on Friday after a UK anti-trust watchdog prohibited it — WASHINGTON (Reuters) - U.S. travel technology firm Sabre Corp (SABR.O) and software firm Farelogix Inc said on Friday that they would terminate …
Sunday, May 3, 2020
US travel reservations giant Sabre abandoned a $360M deal to acquire Florida-based Farelogix on Friday after a UK anti-trust watchdog prohibited it (Diane Bartz/Reuters)
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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)
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