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Stock impact report

Sabre and Serko Announce Partnership to Foster Innovation in Corporate Travel [Yahoo! Finance Canada]

Sabre Corporation (SABR) 
Last sabre corporation earnings: 2/26 08:03 am Check Earnings Report
US:NASDAQ Investor Relations: investors.sabre.com/investor-relations
Oct. 28, 2024 Under the new partnership, Serko will acquire the GetThere business and work with Sabre to collaborate on the development of new product capabilities for corporate customers, as well as the growth and expansion of the companies' relevant customer base – all with the goal of empowering and delivering greater value to travel management companies (TMCs), corporate travel buyers, and, ultimately, business travelers. The partnership also defines a joint approach to commercial, sales and marketing initiatives to seek to facilitate growth in North America and beyond. Upon closing of the deal, which is subject to customary conditions, ownership of the GetThere business will be transferred to Serko, including the GetThere solution and certain intellectual property used by GetThere in the operation of its business; the substantial expertise and deep domain knowledge of the GetThere team members; as well as a strong global customer base that includes many blue-chip companies i Show less Read more
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