eyefortravel.com - Travel Distribution News, Events and Analysis
"Sabre to acquire SynXis to broaden hotel distribution capabilities
The $40 million cash transaction is expected to be neutral to Sabre Holdings earnings per share on an adjusted basis in 2005 and slightly dilutive on a GAAP basis in 2005 due to the amortization of certain intangibles. The proposed transaction is expected to generate tax deductions that will effectively reduce Sabre’s cost of the acquisition by approximately $6 million, to approximately $34 million. "
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