Internet Travel News - Breaking News: Sabre Holdings Completes Acquisition of lastminute.com: "Sabre Holdings Corporation has completed the acquisition of lastminute.com plc in a deal which values the company at GBP577 million ($1.41 billion).
The proposal to redeem lastminute.coms bonds is now unconditional and the bonds will be redeemed on 3 August 2005.
The acquisition price of 165 pence per lastminute.com share values lastminute.com`s Diluted Share Capital at approximately 577 million, including gross debt of approximately 72 million"
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